IndusInd Bank lost 1.15% to Rs 973.55 at 14:44 IST on BSE as the bank's gross non-performing assets increased to Rs 776.82 crore as on 31 March 2016, from Rs 681.13 crore as on 31 December 2015 and Rs 562.92 crore as on 31 March 2015.
The result was announced during market hours today, 21 April 2016.Meanwhile, the S&P BSE Sensex was up 6.72 points or 0.03% at 25,850.90.
On BSE, so far 2.17 lakh shares were traded in the counter as against average daily volume of 1.29 lakh shares in the past one quarter. The stock was volatile. The stock lost as much as 1.95% at the day's low of Rs 965.65 so far during the day. The stock rose as much as 1.05% at the day's high of Rs 995.30 so far during the day, which is a record high for the counter. The stock had hit a 52-week low of Rs 784.45 on 12 June 2015. The stock had outperformed the market over the past one month till 20 April 2016, gaining 6.22% compared with the Sensex's 3.57% rise. The scrip had also outperformed the market in past one quarter, advancing 13.6% as against Sensex's 7.41% rise.
The large-cap bank has equity capital of Rs 595 crore. Face value per share is Rs 10.
IndusInd Bank's ratio of gross non-performing assets (NPA) to gross advances stood at 0.87% as on 31 March 2016 as against 0.82% as on 31 December 2015 and 0.81% as on 31 March 2015. The bank's ratio of net NPA to net advances stood at 0.36% as on 31 March 2016 as against 0.33% as on 31 December 2015 and 0.31% as on 31 March 2015.
The bank's provisions and contingencies jumped 98.86% to Rs 213.66 crore in Q4 March 2016 over Q4 March 2015.
IndusInd Bank's net profit rose 25.25% to Rs 620.35 crore on 23.38% growth in total income to Rs 4044.49 crore in Q4 March 2016 over Q4 March 2015.
More From This Section
IndusInd Bank is a leading private sector bank in India.
Powered by Capital Market - Live News