IndusInd Bank matched street expectations on Thursday with the fourth quarter (January-March) net profit rising 25 percent year-on-year to Rs 495.3 crore. Asset quality of the bank improved too, during the quarter.
Private sector lender is expected to report a profit growth of 25.8 percent year-on-year at Rs 498 crore during January-March quarter, according to the average of estimates of analysts polled by CNBC-TV18.