IndusInd Bank Q3 Results: Profit jumps 58% to Rs 1,964 crore as margin improves; asset quality stable
IndusInd Bank Q3 Results: The Mumbai-based lender reported a 58 per cent jump in net profit to Rs 1,964 crore for the quarter ended December 2022. Its net interest income -- or the difference between interest earned and interest paid -- grew 18 per cent to Rs 4,495 crore. IndusInd Bank shares ended 0.7 per cent higher at Rs 1,222 apiece of the earnings announcement.
IndusInd Banks deposits grew 14 per cent to Rs 3,25,278 crore for the October-December period compared with the year-ago period.