IndusInd Bank: IndusInd Bank Q1 profit flat at Rs 2,171 crore in a lean season

IndusInd Bank: IndusInd Bank Q1 profit flat at Rs 2,171 crore in a lean season

Mumbai: Private sector IndusInd Bank Friday reported a flat 2% on-year rise in its June quarter net profit at ₹2,171 crore as business slowed in a seasonally weak review period that the lender’s chief executive described as “challenging.” Analysts tracked by Bloomberg had pegged net profit of ₹2,358.6 crore. The lender had earned a net … Read more