IndusInd Bank Q1 Results: The lender's gross non-performing asset (NPA) improved to 1.94 per cent in the first quarter, from 2.35 percent in the same quarter last year.
IndusInd Bank s total income in the June quarter increased by 28% YoY to Rs 12,939 crore. Net interest income, the difference between interest earned and interest expended, rose 18% YoY to Rs 4,867 crore. The banks operating profit, before provisions and contingencies, grew 13% YoY to Rs 3,830 crore. Provisions for the said quarter stood at Rs 992 crore, compared with Rs 1,251 crore a year ago.