Indusind Bank Q3 net up 75% to Rs 153.86 cr

Private sector lender Indusind Bank Ltd on Monday posted a 74.76% growth in its net profit for the quarter ended December 31, 2010 at Rs 153.86 crore.

Private sector lender Indusind Bank Ltd on Monday posted a 74.76% growth in its net profit for the quarter ended December 31, 2010 at Rs 153.86 crore.

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The Bank had recorded a net profit of Rs 88.04 crore in the corresponding quarter last fiscal, Indusind Bank said in a filing to the Bombay Stock Exchange.

The total income of the lender also increased to Rs 1,110.86 crore in the quarter ended December from Rs 818.94 crore over the corresponding period last year.

Meanwhile, shares of Indusind Bank were trading at Rs 226.70, down 0.85% from the previous close on BSE.