IndusInd Bank Ltd Q1 FY24; 33% Rise In Profits

IndusInd Bank Limited was incorporated in 1994 as a commercial bank under the Banking Regulation Act, 1949. The Bank is publicly held and provides a wide range of banking products and financial services to corporate and retail clients besides undertaking treasury operations. The Bank operates in India including at the International Financial Service Centres in India.

Financial Results:

• IndusInd Bank Ltd reported Revenues for Q1 FY24 of ₹10,730.00 Crores up from ₹8,182.00 Crore year on year, a rise of 31.14%.
• Total Expenses for Q1 FY24 of ₹10,101.00 Crores up from ₹7,968.00 Crores year on year, a rise of 26.77%.
• Consolidated Net Profit of ₹2,124.00 Crores up 32.5% from ₹1,603.00 Crores in the same quarter of the previous year.
• The Earnings per Share is ₹27.37, up 32.35% from ₹20.68 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.