IndusInd Bank Q4 results: Net profit jumps 55% YoY to Rs 1,361 cr; dividend at Rs 8.50/share

NEW DELHI: IndusInd Bank on Friday said its standalone net profit for March quarter jumped 55.41 per cent year-on-year (YoY) to Rs 1,361.37 crore compared with Rs 875.95 crore in the corresponding quarter last year.

The bank's board announced a dividend of Rs 8.50 per share.

Interest earned for the quarter rose 5.93 per cent YoY to Rs 7,859.89 crore compared with Rs 7,419.36 crore in the same quarter last year.


Gross non-performing asset (NPA) for the quarter came in at 2.27 per cent compared with 2.48 per cent in December quarter and 2.67 per cent in the same quarter last year.

The bank made provisions and contingencies of Rs 1,463.52 crore compared with Rs 1,654 crore in December quarter and Rs 1,865.69 crore in the year ago quarter.

Shares of the lender ended at Rs 978.20 apiece on BSE ahead of the earnings.