NEW DELHI: Private sector lender IndusInd (*17*) on Thursday posted a 17 per cent enhance in web profit to Rs 2,301 crore within the third quarter ended December 2023. The financial institution had recorded a web profit of Rs 1,964 crore within the October-December quarter final fiscal, in accordance to a regulatory submitting.
The whole revenue of the lender rose to Rs 13,968 crore through the quarter beneath evaluate as towards Rs 11,534 crore within the year-ago interval.
The gross Non-Performing Assets (NPAs) declined to 1.92 per cent of the full advances through the third quarter of the present fiscal as towards 2.06 per cent in the identical interval a yr in the past.
Net NPAs of the financial institution additionally moderated to 0.57 per cent within the newest December quarter from 0.62 per cent of the full belongings.
The whole revenue of the lender rose to Rs 13,968 crore through the quarter beneath evaluate as towards Rs 11,534 crore within the year-ago interval.
The gross Non-Performing Assets (NPAs) declined to 1.92 per cent of the full advances through the third quarter of the present fiscal as towards 2.06 per cent in the identical interval a yr in the past.
Net NPAs of the financial institution additionally moderated to 0.57 per cent within the newest December quarter from 0.62 per cent of the full belongings.
