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The Times of India
The Times of India
Business
PTI

IndusInd Bank Q1 net profit rises 60% to Rs 1,631 crore on lower provisions, core income growth

IndusInd Bank Sumant Kathpalia Mumbai

MUMBAI: Private sector lender IndusInd Bank on Wednesday reported a 60 per cent rise in its first quarter consolidated net profit to Rs 1,631 crore on lower provisioning for bad assets.

The Hindujas-promoted lender had reported a net profit of Rs 1,016 crore for the April-June period in the preceding fiscal.

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