New Delhi: Private sector lender IndusInd Bank has registered a 25.1% rise in its net profit for the fourth quarter to Rs 495.27 crore.
The lender had earned Rs 396.05 crore in the fourth quarter ended March 31, 2014.
“Total Income has increased from Rs 2,702.19 crore for the quarter ended March 31, 2014 to Rs 3,237.43 crore for the period ended March 31 this year,” it said in a filing to the BSE today.
Bank’s net non performing assets in Q3 came down to 0.31% to total advances from 0.33% a year ago.
For the full fiscal year 2014-15, the bank has posted a net profit of Rs 1,793.72 crore compared with Rs 1,408.02 crore last year.
Total Income (FY15) has increased from Rs 10,144.06 crore for the year ended March 31, 2014 to Rs 12,095.84 crore for this year.
Bank’s shares were trading at Rs 943.00 apiece down 0.53% on the BSE in afternoon from previous close.
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