 "indusind bank")
IndusInd Bank on Wednesday reported a 60.5% jump in net profit at Rs 1,631.02 crore for the quarter ended June, mainly due to a fall in bad loans.
The private sector lender had posted a net profit of Rs 1,016.11 crore in the year-ago period.
In the first quarter of the current fiscal, the bank's total income increased to Rs 10,113.29 crore as against Rs 9,298.07 crore in the same period a year ago.
Interest income in the June quarter rose 9.5% to Rs 8,181.77 crore compared to the year-ago period, according to a regulatory filing.
The bank witnessed an improvement in its gross
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