[ad_1] IndusInd Bank reported on Monday a 77 percent sequential decrease in net independent earnings by Rs 301.84 crore in the March quarter of fiscal year 20 (Q4FY20), against Rs 1,300.2 crore recorded in the December quarter of the current tax (Q3FY20). On a consolidated basis, the net profit was …
Read More »IndusInd fourth-quarter net profit falls 16% on higher provisions, estimates fail
[ad_1] Mumbai Private sector lender IndusInd Bank on Monday reported a net profit of ₹Rs 301.84 million for the three months to March, a decrease of 16% year-on-year (year-on-year), due to higher provisions. The bank’s total provisions increased 56% year-on-year to ₹2,440 crore in the March quarter. His earnings were …
Read More »