Indusind Bank Q4 net dips 32.5% at Rs 14.45 cr

New Delhi, Jun 24 (UNI) Indusind Bank Ltd today said its net profit for the fourth quarter ended March 2008 dipped 32.5 per cent to Rs 14.45 crore as compared to Rs 21.40 crore for the corresponding period last year.

The Bank today said in a statement that its total income for Q4 FY08 increased 22.3 per cent to Rs 591.04 crore from Rs 483.34 crore during Q4 FY07.

Indusind Bank's net profit for the year ended March 2008 went up 10 per cent to Rs 75.05 crore whereas it was Rs 68.22 crore during last fiscal.

Its FY08 total income grew 24.87 per cent to Rs 2,178.24 crore as against Rs 1,744.39 crore in the last fiscal.

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