Saturday, May 26, 2007

Indusind Bank Announces Q4 & FY 07 Results

Indusind Bank Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Bank has posted a net profit of Rs 214.00 million for the quarter ended March 31, 2007 as compared to net loss of Rs 624.00 million for the quarter ended March 31, 2006. Total Income has increased from Rs 3509.90 million for the quarter ended March 31, 2006 to Rs 4833.40 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007 The Bank has posted a net profit of Rs 682.20 million for the year ended March 31, 2007 as compared to Rs 368.20 million for the year ended March 31, 2006. Total Income has increased from Rs 13771.20 million for the year ended March 31, 2006 to Rs 17443.90 million for the year ended March 31, 2007.

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