Thursday, July 12, 2012

Indusind bank 2012-Q1 results were up by 31%



Indusind bank has announced its first quarter (April-June 2012) on July 10,2012. It reported a 31% YoY jump in net profit at Rs 236 crore. Major contribution by higher Net Interest Income (NII) and other income growth. One of the business channel CNBC TV18 poll expected the bank to post 27% growth in net profit in Q1. But the actual results exceeded the expectations.

Net Interest Income grew 24.1% YoY to Rs 484 crore while other income shot up around 49% to Rs 319 crore during the quarter.

"The Bank has coped well in a deteriorating operating environment to deliver a healthy growth in the bottom line and balance sheet while maintaining the quality of the loan book," Romesh Sobti, managing director and CEO, IndusInd Bank said.

the bank had more of retail loans compared to corporate credit. So this retail loans also one of the key contributor for these results. As on today(July12th) the stock was trading around 341 levels. In each decline one can accumulate this stock and it will reach 360 levels soon.

NOTE: YoY - Year over Year

28 comments:

  1. Thanks for these tips, by getting experts tips, one can make good profit from stock and commodity market. I always follows you for trading ideas.

    Stock Market Tips India

    ReplyDelete
  2. BSE SENSEX and NIFTY traded lower and ended almost flat as investors remained on the edge and eyed the inflation data scheduled to be announced on 16 JULY. Stock Tips

    ReplyDelete
  3. Your blog is awesome. All information is very useful for the me. Your stock tips are relevant for visitors. You give the daily new tips to the clients.

    Free stock tips India

    Online free bank nifty tips

    ReplyDelete
  4. Thanks, the opening timings of all the stock exchanges are differ from each other.

    MCX Tips
    Commodity Tips India

    ReplyDelete
  5. Sharegyan offers high accurate intraday trading tips, nse tips, nifty future tips, ncdex tips, Indian Stock Market, nifty tips, share tips, intraday tips, share
    market tips, commodity tips, mcx tips.

    ReplyDelete
  6. BigProfitbuzz.com provides tips of the Indian Stock Market covering NSE/BSE including Intraday,Delivery,BTST,STBT,short,midium and long term recommendations along with the Free Demo via sms & yahoo messenger.

    ReplyDelete
  7. Hi, You explained the topic very well. The contents has provided meaningful information thanks for sharing info

    ReplyDelete
  8. This comment has been removed by the author.

    ReplyDelete
  9. Way2profit provides highly accurate tips in bse tips,nse tips,Future Tips,nifty tips,commodity tips,Share Tips.

    ReplyDelete
  10. Now find all top Indian stock market analyst with their stock market recommendations at one place with sharamarketzone.

    ReplyDelete
  11. Nowadays, Some of the Stock market investors are getting huge returns but some are not because of lack of trading knowledge. So come and let’s start discussion in this cool blog and see what everyone say about it, this will be very beneficial for stock market traders.

    ReplyDelete
  12. NSE and BSE are volatile market and price of stock changes continuously. All factors due toShare market which price of traded stock changes are covered

    ReplyDelete
  13. In this stock market blog share market investors and day traders will get clear view for the Nifty Tips, stocks and various In this stock market blog share market investors and day traders will get clear view for the Commodity Tips, stocks and various commodities along with the daily stock market opening trend. This blog covers NSE, BSE,MCX and NCDEX completely.

    ReplyDelete
  14. There is lot of articles on the web about this. But I like yours more, although i found one that’s more descriptive. stock market tips

    ReplyDelete
  15. This post is informative and productive. Many of us will really agree that everything you say in your site is good. If you continue submitting insightful articles or reviews on your web site,

    ReplyDelete
  16. Excellent Article, although i read only half part of this article, & its brilliant, i was not aware from such facts related to diamond. I read many new things related to market & enjoyed too much while reading. I really thankful to you for this. Keep share such posts always.

    Thanks
    Rakesh
    Tips.biz India

    ReplyDelete
  17. This blog is novice and informative,it is a pleasure to post a comment on this usefull blog created by a webmaster. Now as such the final stages of the formal completion of nuclear deal has come,so we can expect some positive news effecting the movement of the INDIAN STOCK MARKET which means stocks coming in power sector will take new direction.
    free mcx live price reports

    ReplyDelete
  18. Today indian share market is so fluctuating that it is very hard to work & earn money but some

    companies giving really very good calls so that we can earn in this Share market. PowerofTrading.com is one of them. They are giving regular 5-7 calls with more than 98% accuracy. Go for Free Share Market Tips

    Regards
    POWEROFTRADING TEAM

    You can go for Bux Website to start earning money visit Ninja Bux -
    Earn Money through Bux Website

    You can use the full Guide which guide you all - Neobux Guide

    ReplyDelete
  19. To complete the analogy, let’s first think about the industrial producers and users of the commodities that are also involved in the derivatives markets.

    ReplyDelete
  20. If you want to do intraday trading then you must have to know the behaviour of this stock. NIFTY is like a King in stock market who shows overall performance of market.

    ReplyDelete
  21. Indian Stock Market Tips, NCDEX, MCX, Nifty, Commodity Tips, Share Market Tips, Share Market Investment made profitable by SHRISTOCKTIPS- Get NSE/BSE Tips via SMS and Yahoo Messenger. We give daily stock market tips for future and cash segments. Now as the present scenario of the market NIFTY showing buy side. But as we all know that buy on high is always involve high risk soSURE, STOCK TIPSwe suggest all traders to be in the buy side of the market. But not fully invest your capital at the level. We suggest this due to the political factor that will play a very important role in the coming days. For further updates you can also visit our website. Our slogan is "Your profit is our success." http://goo.gl/sMgZ7n
    Regards
    SHRISTOCKTIPS TEAM

    ReplyDelete
  22. Today i get very interesting tips form this blog. i really like this blog because there are i get very good news about trading.

    Stock Cash Trading Tips

    ReplyDelete
  23. IT stocks declined on weak economic data in US, the biggest outsourcing market for the Indian IT firms. Rate sensitive automotive stocks went down as the Reserve Bank of India kept its repo rate unchanged at 8% in the monetary policy review. Purchases of automobiles, including that of cars, utility vehicles and commercial vehicles are substantially driven by financing.
    Stock Tips

    ReplyDelete
  24. I always like your blog post because you always comes with different ideas and information. I always shared your site post with my friends. Keep posting and i will follow you.

    Regards
    Stock Tips

    ReplyDelete
  25. Great site and The Article is really awesome and valuable, I fond of this Article very much. the post is really great i found it really useful.. commodity Tips

    ReplyDelete
  26. LME copper should move at highs between USD 4,570-4,650/mt during Asian trading hours Monday with shortage of major reports.

    intraday tips for tomorrow

    ReplyDelete
  27. Great blog for stock market traders, specially those who are looking for accurate and free market tips.

    Intraday Sure Tips

    ReplyDelete