IndusInd Bank today reported a 19.81% decline in net profit at Rs 210.15 crore for the year ended March 31, 2005 as against Rs 262.07 crore in FY04.According to a release issued by the bank to the BSE today, total income increased to Rs 1,385.15 crore for the year ended March 31, 2005 from Rs 1,331.08 crore in FY04.The bank has posted a net profit of Rs 62.91 crore for the fourth quarter ended March 31, 2005 as against Rs 48.73 crore in Q4FY04. Total Income increased to Rs 373.03 crore in Q4FY05 from Rs 320.35 crore in Q4FY04. The board has recommended a dividend of 18% for the financial year ended March 31, 2005, the release added.
