IndusInd Bank fell 1.42% to Rs 1,519 at 15:27 IST on BSE after net profit rose 38.31% to Rs 1,432.50 crore on 35.40% increase in total income to Rs 8,624.62 crore in Q1 June 2019 over Q1 June 2018.
The result was announced during trading hours today, 12 July 2019.
Meanwhile, S&P BSE Sensex was down 63.80 points or 0.16% at 38,759.31.
On BSE, 4.74 lakh shares were traded in IndusInd Bank counter, compared to a 2-week average of 1.62 lakh shares. The share price hit an intraday high of Rs 1,562 and an intraday low of Rs 1,493.40. It hit a 52-week high of Rs 2,037.90 on 3 August 2018 and a 52-week low of Rs 1,333.90 on 31 October 2018.
The bank's net interest margin increased to 4.05% in Q1 June 2019 compared with 3.92% in Q1 June 2018.
CASA (Current Accounts-Savings Accounts) ratio stood at 43.04% as on 30 June 2019 as against 43.42% as on 30 June 2018.
The bank's gross non-performing assets (NPAs) stood at Rs 4199.66 crore as on 30 June 2019 as against Rs 3947.41 crore as on 31 March 2019 and Rs 1740.62 crore as on 30 June 2018.
The ratio of gross NPAs to gross advances stood at 2.15% as on 30 June 2019 as against 2.10% as on 31 March 2019 and 1.15% as on 30 June 2018.
The ratio of net NPAs to net advances stood at 1.23% as on 30 June 2019 as against 1.21% as on 31 March 2019 and 0.51% as on 30 June 2018.
The bank's provisions and contingencies jumped 23.03% to Rs 430.62 crore in Q1 June 2019 over Q1 June 2018.
IndusInd Bank caters to the needs of both consumer and corporate customers. As on 30 June 2019, the bank has 1701 branches/ banking outlet and 2605 ATMs spread across 740 geographical locations of the country.
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