Indusind Bank Q4 shows net loss of Rs 62.4 crore

Mumbai, June 13 (UNI) Indusind Bank has posted a net loss of Rs 62.40 crore for the quarter ended March 31, 2006 as compared to net profit of Rs 62.91 crore for the quarter ended March 31, 2005.

Announcing the results, the Bank said its total income has decreased from Rs 373.03 crore in Q4 FY 04-05 to Rs 360.32 crore for Q4 FY 05-06.

It has posted a net profit of Rs 36.82 crore for the year ended March 31, 2006 (FY 05-06) as compared to Rs 210.15 crore for the year ended March 31, 2005 (FY 04-05). Total Income has increased from Rs 1385.15 crore in FY 04-05 to Rs 1414.39 crore for FY 05-06.

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