Operating profit increased to Rs 2,067.69 crore from Rs 1,769.39 in Q4FY18
IndusInd Bank has reported net profit at Rs 360.1 crore, down 62 percent YoY.
The Net-interest Income (NII) of the company surged 11 percent to Rs 2,232.4.
Operating profit increased to Rs 2,067.69 crore from Rs 1,769.39 in Q4FY18.
Gross Non-performing Assets (NPA) stood at 2.1 percent against 1.13 percent in December quarter while Net NPA came at 1.21 percent against 0.59 percent last quarter. Provisions stood at Rs 1,561 crore against Rs 606.7 crore in Q3.IndusInd Bank has recommended a dividend of Rs 7.50 (75 percent) per equity Share of Face Value of Rs 10 each (fully Paid-Up) for the financial year ended March 31, 2019.Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months at 289. Use code FREEDOM.