IndusInd Bank posted a net profit of ₹1,242 crore for the quarter ended September, supported by higher net interest income of ₹4,569 crore.
The bank's gross non-performing assets ratio improved substantially to 2.73% compared to 3.60% recorded in the same period last year.
Managing Director and CEO Rajiv Anand stated that the lender remains confident of achieving a 1% exit return on assets for the fiscal year.