Indusind Bank posts 26% jump in Q1 net profit at Rs 836 cr

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Midsize private sector lender Indusind Bank on Tuesday reported a 26 per cent increase in the June quarter net at Rs 836.55 crore, helped by a healthy rise in the core interest income. The bank had reported a post tax profit of Rs 661.38 crore for the April-June period last year.

       Its core net interest income jumped 31 per cent to Rs  1,774.06 crore for the reporting period, while the non- interest income grew 20 per cent to Rs  1,167.26 crore helped by a 25 per cent rise in fee income at Rs  974.04 crore.   

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