Private sector lender IndusInd Bank reported a 50% year on year increase in its Q2 standalone net profit due to higher net interest income and other income.
Net interest income grew by 2.3 percent quarter-on-quarter (32 percent YoY) to Rs 2,909.5 crore in Q2.
Sakshi Batra does a 3-Point Analysis of the earnings fineprint and shares an outlook on the stock.
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