IndusInd Bank net profit up 32% in Q2

IndusInd Bank net profit up 32% in Q2 Mumbai: Private sector lender IndusInd Bank on Monday reported a 32 percent growth in its net profit to Rs 330.23 crore for the quarter ended September 30.

The bank had a net profit of Rs 250.25 crore in the July-September 2012 quarter.

The bank's total income increased to Rs 2,435.30 crore in the second quarer of the current fiscal from Rs 2,048.42 crore in the same period a year ago, IndusIndia Bank said in a BSE filing.

The bank's net NPA (non-performing asset) declined to 0.22 percent in second quarter from 0.29 percent in the similar period last year.

Shares of the bank were trading 2.42 percent up at Rs 438.30 a piece on the BSE.

PTI