IndusInd Bank Q1 net Rs 45 crore

By Our Banking Bureau | 29 Jul 2004

Mumbai: IndusInd Bank has recorded a net profit of Rs 45.48 crore in the first quarter ended June 30, 2004 against a net profit of Rs 24.64 crore in the corresponding period the previous year.

The current results of the bank include the financial performance of the erstwhile Ashok Leyland Finance Ltd (ALFL) and are therefore not comparable with those of the corresponding quarter of the previous year, said a press release. Total income of the bank during the quarter rose to Rs 337.3 crore.