New Delhi, April 25 -- IndusInd Bank on Thursday posted a 15 per cent rise in its consolidated net profit to Rs 2,349 crore for the fourth quarter ended March 2024, on the back of an increase in interest income. The lender had logged a profit of Rs 2,043 crore in the year-ago period. Its total income during January-March 2024 increased to Rs 14,707 crore, compared with Rs 12,174 crore in the year-ago period, IndusInd Bank said in a regulatory filing. IndusInd Bank earned an interest income of Rs 12,199 crore, against Rs 10,020 crore in the same period a year ago.
The bank's board recommended a dividend of Rs 16.50 per equity share of Rs 10 each fully paid up out of the net profits for the year ended March 31, 2024, subject to the approval ...