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IndusInd Bank moves up on reporting 61% rise in Q1 consolidated net profit
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IndusInd Bank is currently trading at Rs. 921.00, up by 42.10 points or 4.79% from its previous closing of Rs. 878.90 on the BSE.
The scrip opened at Rs. 901.00 and has touched a high and low of Rs. 928.00 and Rs. 893.90 respectively. So far 194961 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 763.75 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 928.00 and Rs. 811.05 respectively. The current market cap of the company is Rs. 71623.36 crore.
The promoters holding in the company stood at 16.51%, while Institutions and Non-Institutions held 66.85% and 16.63% respectively.
IndusInd Bank has reported a rise of 64.45% in its net profit at Rs 1,603.29 crore for first quarter ended June 30, 2022 as compared to Rs 974.95 crore for the same quarter in the previous year. Total income of the bank increased by 8.82% at Rs 10,110.47 crore for Q1FY23 as compared Rs 9,291.08 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 60.53% in its net profit at Rs 1,631.14 crore for first quarter ended June 30, 2022 as compared to Rs 1,016.11 crore for the same quarter in the previous year. Total income of the bank increased by 8.77% at Rs 10,113.29 crore for Q1FY23 as compared Rs 9,298.07 crore for the corresponding quarter previous year.
