IndusInd Bank Q4 net up by 25.25 percent

Mumbai, April 22 (IANS) IndusInd Bank said on Thursday that it posted a rise of 25.25 percent in its standalone net profit for the quarter ending March 31, 2016, at Rs.620.35 crore against Rs.495.27 crore in the same period of 2014-15.

According to the audited financial results posted on the Bombay Stock Exchange (BSE), the bank earned a total income of Rs.4,044.49 crore in Q4 2015-16 compared to Rs.3,278.06 crore clocked in corresponding quarter of last fiscal, while total expenditure increased from Rs.2,427.55 crore to Rs.2,893.30 crore.

Annually, IndusInd Bank’s net profit rose by 27.46 percent in 2015-16 to Rs.2,286.45 crore from Rs.1,793.72 crore in 2014-15.

Total income rose to Rs.14,877.61 crore in 2015-16 from Rs.12,239.97 crore in 2014-15.

–IANS

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