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IndusInd Bank Q3 net up 34% to Rs 206 cr
BS Reporter / Mumbai 10 Jan 12 | 02:07 PM
IndusInd today posted a growth of 35% in net profit for the third quarter ended at Rs 206 crore, compared with Rs 154 crore in the corresponding quarter last year.
Net interest income (NII) stood at Rs 421 crore for the quarter, up 16% from Rs 363 crore in the same quarter a year ago.
The net interest margins (NIMs) grew by 3.25%.
The credit growth for the quarter under review was at 30% and the restructured advances grew 0.22%.
The fee income for the quarter was up 46% on a year-on-year basis, and Rs 205 crore (18%) on a quarterly basis.
The shares fo the bank were trading up 4.84% at Rs 257.55 per share on the Bombay Stock Exhange in late afternoon deals.
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