Indusind Bank Profit at Rs 22.34 Crores

Indusind Bank Ltd has announced the Unaudited results for the quarter ended September 30, 2007.

The Bank has posted a net profit of Rs 223.40 million for the quarter ended September 30, 2007 as compared to Rs 171.80 million for the quarter ended September 30, 2006. Total Income has increased from Rs 4191.70 million for the quarter ended September 30, 2006 to Rs 5254.70 million for the quarter ended September 30, 2007.

The Stock closed on Friday at Rs.94.85, up by Rs.11.65 or 14%. The stock hit an intraday high of Rs.96.30 and low of Rs.83.10.

The total traded quantity was 4415970 compared to 2 week average of 2106128.

Source : Equity Bulls

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