Mumbai : Private sector lender IndusInd Bank reported 30 % growth in net profit at Rs 346.90 crore in the third quarter ended December 31, 2013, on higher non-interest income. Net profit stood at Rs 267.27 crore in the same period last year.
“The third quarter, in terms of economic environment, was a mixed sort of a bag. On one hand we saw anchoring of the rupee and on other hand we saw increase in the interest rates.
Other income rose 35%to Rs 480.27 crore in the October-December quarter.