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IndusInd Bank Q4 Results: PAT zooms 50% YoY to Rs 2,040 cr, NII up 17%; asset quality remains stable

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IndusInd Bank's standalone net profit rose 50% to Rs 2,040 crore for the fourth quarter ended March. It was Rs 1,361 crore in the same period last year. The profit beat the estimate of ET Now Poll, which expected the figure to be around Rs 2,000 crore. The net interest income (NII) of the lender came in at Rs 4,669 crore for the quarter under review, which is up 17%, compared with Rs 3,985 crore in the corresponding quarter of last year.

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