Private sector IndusInd Bank closed third quarter of 2015-16 with higher net profit and total income.
In a regulatory filing in the BSE, the bank said it has posted a net profit of Rs.581.02 crore ($86.93 Million) for the quarter ended December 31, 2015 as compared to Rs.447.19 crore($66.91 Million) for the quarter ended December 31, 2014.
Total income has increased from Rs.3,085.95 crore ($461.62 Million) for the quarter ended December 31, 2014 to Rs.3,766.70 crore ($563.52 Million) for the quarter ended December 31, 2015.
Notes:
1. IANS
2. The conversion rate used in this article is 1 US Dollar = 66.83 Rupees.
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