By Ekta Batra, Research Analyst at CNBC-TV18
Earnings season is set to kick off with the private sector lender IndusInd Bank announcing its results today for the quarter ended September 2012. According to CNBC-TV18 estimates, the profit after tax is expected to go up by 25 percent year-on-year to Rs 241 crore in the July-September quarter.
Net interest income is likely to go up by 23 percent to Rs 514 crore in the second quarter of FY13 from Rs 419 crore in a year ago period.
Yesterday, the share fell 0.57 percent to close at Rs 366.70.