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IndusInd Bank reports 53% fall in Q2 consolidated net profit
Oct-31-2020

IndusInd Bank has reported results for second quarter ended September 30, 2020.

The bank has reported 53.23% fall in its net profit of Rs 647.04 crore for the quarter under review as against net profit of Rs 1,383.37 crore for the same quarter in the previous year.  Total income of the bank marginally decreased 1.65% at Rs 8,731.05 crore for Q2FY21 as compared Rs 8,877.02 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 52.67% fall in its net profit at Rs 663.08 crore for the quarter under review as against net profit of Rs 1,400.96 crore for the same quarter in the previous year. Total income of the bank marginally decreased by 1.65% at Rs 8,731.52 crore for Q2FY21 as compared Rs 8,877.53 crore for the corresponding quarter previous year.

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