Private sector IndusInd Bank on Thursday posted 37.6 per cent jump in net profit at Rs. 307.40 crore for its fourth quarter ended March 31, 2013.
The bank had a net profit of Rs. 223.38 crore in the same quarter of the previous fiscal, 2011-12.
Total income of the bank rose to Rs. 2,190.66 crore in the January-March quarter as compared to Rs. 1,773.07 crore in the same period previous fiscal, IndusInd Bank said in a filing to the BSE.
The bank has proposed a dividend of 30 per cent, or Rs. 3, per share for 2012-2013.
For the entire fiscal, the bank’s net profit grew by 32 per cent at Rs. 1,061.18 crore, from Rs. 802.61 crore in 2011-12.
Total income increased to Rs. 8,346.19 crore during the year, compared to Rs. 6,370.98 crore in the previous fiscal.
However, Gross Non-Performing Assets (NPA) of the bank rose to 1.03 per cent at the end of March 2013 compared to 0.98 per cent in the previous fiscal.