IndusInd Bank Ltd reported a 5.2 percent rise in third-quarter profit on Wednesday, helped by higher interest income.
Interest earned rose 34.4 percent to Rs 5,763 crore.
Gross bad loans as a percentage of total loans stood at 1.13 percent at the end of December, compared with 1.09 percent in the previous quarter and 1.16 percent a year earlier.
Net profit was Rs 985 crore($139.65 million) for the quarter ended Dec. 31, compared with Rs 936 crore a year earlier, the bank said.
Interest earned rose 34.4 percent to Rs 5,763 crore.
Gross bad loans as a percentage of total loans stood at 1.13 percent at the end of December, compared with 1.09 percent in the previous quarter and 1.16 percent a year earlier.
First Published: Jan 9, 2019 2:38 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!