Indusind Bank reports 51% rise in Q4 consolidated net profit

Indusind Bank has reported results for fourth quarter and year ended March 31, 2022.

The bank has reported a rise of 55.42% in its net profit at Rs 1361.37 crore for the quarter under review as compared to Rs 875.95 crore for the same quarter in the previous year. Total income of the bank increased by 6.11% at Rs 9761.89 crore for Q4FY22 as compared Rs 9199.48 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 51.22% in its net profit at Rs 1400.64 crore for the quarter under review as compared to Rs 926.22 crore for the same quarter in the previous year. Total income of the bank increased by 6.14% at Rs 9764.91 crore for Q4FY22 as compared Rs 9199.71 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the bank has reported a rise of 62.57% in its net profit at Rs 4611.12 crore as compared to Rs 2836.39 crore for the previous year. Total income of the bank increased by 7.48% at Rs 38219.49 crore for year under review as compared to Rs 35558.41 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the bank has reported a rise of 63.99% in its net profit at Rs 4805.03 crore as compared to Rs 2930.10 crore for the previous year. Total income of the bank increased by 7.69% at Rs 38230.07 crore for year under review as compared to Rs 35500.68 crore for year ended March 31, 2021.


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