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  • OCTOBER 30, 1999

IndusInd posts 193% jump in net

IndiusInd Bank has posted a 193% jump in net during the quarter ended 30th September 1999. The bank has benefited from lower expenditure and depreciation costs.

  2QFY2000 2QFY1999
Income from operations 1,485 1,349 10.1%
Other Income 264 233 13.5%
Expenditure 167 168 -1.0%
Interest 1,253 1,150 9.0%
Depreciation 52 53 -1.1%
Profit before Tax 117 40 196.2%
Tax - - NM
Profit after Tax 117 40 192.5%
Net profit margin 7.9% 3.0%  

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