Indusind Bank Q1

IndusInd Bank's net profit almost doubled in the first quarter of the current fiscal, driven by growth in retail loans and lower non-performing assets (NPA) provisions

Private sector lender IndusInd Bank kicked off the first quarter earnings season on a strong note by reporting a 26 per cent jump in its quarterly net profit.

The big trigger for the markets other than earnings is what the RBI governor will do on August 4, said Ms Varma. She does not expect a rate cut on August 4, but two-three months down the line.

IndusInd Bank posted a net interest income (interest earned over interest expended) of Rs 981 crore, which is 23 per cent higher than the corresponding quarter last year.

IndusInd Bank is likely to report a 34 per cent annual growth in its net profit to Rs 665 crore in Q1 of FY16, on the back of strong growth in fee income from the forex and investment banking division, according to analysts polled by NDTV.

The first quarter earnings season started on a good note on Wednesday for the banking sector with IndusInd Bank reporting a 26 per cent growth in net profit at Rs 421 crore supported by stable asset quality and higher other income.

Net interest income, the difference between interest earned on advances and paid on deposits, rose 40 per cent to Rs 679 crore from Rs 484 in the March quarter. On a sequential basis, NIIs were up 2.7 per cent from Rs 661 crore in the March quarter.

The lender has also managed to improve its asset quality marginally as compared to last year.

Net non-performing assets are seen rising to Rs 90 crore against Rs 84 crore year-on-year.

Companies ACC, Ambuja Cement and IndusInd bank will announce the results for January-March quarter.

Indusind Bank Ltd has announced the following Unaudited results for the quarter ended June 30, 2011: The Bank has posted a net profit of Rs 1801.80 million for the quarter ended June 30, 2011 as compared to Rs 1185.50 million for the quarter ended June 30, 2010. Total Income has increased from Rs 9325.00 million for the quarter ended June 30, 2010 ...

Indusind Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on July 08, 2011, inter alia, to consider and take on record, the Unaudited Financial Results of the Bank for the quarter ending June 30, 2011 (Q1).

MUMBAI, AUGUST 09Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

MUMBAI, JULY 08Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

Private sector lender IndusInd Bank today reported a net profit of Rs 118.55 crore for the first quarter ended June 30, a 37 per cent growth over the year-ago period. The bank's total income rose to Rs 932.50 crore, during the April-June quarter, from Rs 801.58 crore in the same quarter a year ago, IndusInd Bank said in a filing to the Bomb...

IndusInd Bank's net profit almost doubled in the first quarter of the current fiscal, driven by growth in retail loans and lower non-performing assets (NPA) provisions

Private sector lender IndusInd Bank kicked off the first quarter earnings season on a strong note by reporting a 26 per cent jump in its quarterly net profit.

The big trigger for the markets other than earnings is what the RBI governor will do on August 4, said Ms Varma. She does not expect a rate cut on August 4, but two-three months down the line.

IndusInd Bank posted a net interest income (interest earned over interest expended) of Rs 981 crore, which is 23 per cent higher than the corresponding quarter last year.

IndusInd Bank is likely to report a 34 per cent annual growth in its net profit to Rs 665 crore in Q1 of FY16, on the back of strong growth in fee income from the forex and investment banking division, according to analysts polled by NDTV.

The first quarter earnings season started on a good note on Wednesday for the banking sector with IndusInd Bank reporting a 26 per cent growth in net profit at Rs 421 crore supported by stable asset quality and higher other income.

Net interest income, the difference between interest earned on advances and paid on deposits, rose 40 per cent to Rs 679 crore from Rs 484 in the March quarter. On a sequential basis, NIIs were up 2.7 per cent from Rs 661 crore in the March quarter.

The lender has also managed to improve its asset quality marginally as compared to last year.

Net non-performing assets are seen rising to Rs 90 crore against Rs 84 crore year-on-year.

Companies ACC, Ambuja Cement and IndusInd bank will announce the results for January-March quarter.

Indusind Bank Ltd has announced the following Unaudited results for the quarter ended June 30, 2011: The Bank has posted a net profit of Rs 1801.80 million for the quarter ended June 30, 2011 as compared to Rs 1185.50 million for the quarter ended June 30, 2010. Total Income has increased from Rs 9325.00 million for the quarter ended June 30, 2010 ...

Indusind Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on July 08, 2011, inter alia, to consider and take on record, the Unaudited Financial Results of the Bank for the quarter ending June 30, 2011 (Q1).

MUMBAI, AUGUST 09Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

MUMBAI, JULY 08Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

Private sector lender IndusInd Bank today reported a net profit of Rs 118.55 crore for the first quarter ended June 30, a 37 per cent growth over the year-ago period. The bank's total income rose to Rs 932.50 crore, during the April-June quarter, from Rs 801.58 crore in the same quarter a year ago, IndusInd Bank said in a filing to the Bomb...