Moneycontrol
Oct 10, 2012 09:45 AM IST | Source: CNBC-TV18

IndusInd Bank Q2 NII likely to go up 23%

The profit after tax of IndusInd Bank is expected to go up by 25 percent year-on-year to Rs 241 crore in the July-September quarter.


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.

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