IndusInd Bank, the private sector lender, today reported a rise of 24.70% in first quarter profit. The bank reported a profit of Rs 5.25 billion for the quarter ended Jun. 30, 2015, compared with Rs 4.21 billion, a year ago.
Quarterly total income totaled at Rs 34.48 billion, an increase of 19.98% over Rs 28.74 billion in the same period a year ago.
Net NPAs stood at Rs 2.25 billion as on June 30, 2015. In percentage terms, net NPAs stood at 0.31% lower 0.02% in the same period last year.
Capital adequacy ratio (CAR) of the bank under Basel III was at 12.43% as on Jun. 30, 2015.
Shares of the bank gained Rs 14, or 1.56%, to trade at Rs 908.65. The total volume of shares traded was 181,394 at the BSE (2.04 p.m., Monday).