Net profit of IndusInd Bank rose 5.21% to Rs 985.03 crore in the quarter ended December 2018 as against Rs 936.25 crore during the previous quarter ended December 2017. Total Operating Income rose 34.45% to Rs 5763.47 crore in the quarter ended December 2018 as against Rs 4286.78 crore during the previous quarter ended December 2017.

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The result was announced during trading hours today, 9 January 2019.

Meanwhile, the S&P BSE Sensex was up 233.18 points, or 0.65% to 36,214.11

On the BSE, 2.55 lakh shares were traded in the counter so far compared with average daily volumes of 99,000 shares in the past two weeks. The stock had hit a high of Rs 1,606.80 and a low of Rs 1,549.30 so far during the day.

IndusInd Bank's ratio of gross NPAs to gross advances stood at 1.13% as on 31 December 2018 as against 1.09% as on 30 September 2018 and 1.16% as on 31 December 2017.

The ratio of net NPAs to net advances stood at 0.59% as on 31 December 2018 as against 0.48% as on 30 September 2018 and 0.46% as on 31 December 2017.

IndusInd bank is a leading private sector bank. As on 30 September 2018, IndusInd Bank has 1466 branches including 203 specialized branches, and 2372 ATMs spread across geographical locations of the country.

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IndusInd Bank announced that Siraj Chaudhry was appointed as Additional Director in the Board of the Bank w.e.f 03 January 2019.

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IndusInd Bank will hold a meeting of the Board of Directors of the Company on 9 January 2019.

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