Annual Report 2011-2012 of IndusInd Bank Limited

It is a broadly described annual report of IndusInd Bank Limited in the year of 2011-2012. During the financial year, The Bank’s Total Income grew by 48.06% to Rs. 6,370.98 Crores from Rs. 4,303.02 Crores. Net Interest Income improved by 23.81% to Rs. 1,704.25 Crores from Rs. 1,376.50 Crores while Non-Interest Income rose to Rs. 1,011.78 Crores from Rs. 713.66 Crores, a rise of 41.77%. The Operating Profit during the year under review rose by 26.77% to Rs. 1,447.99 Crores, from the level of Rs. 1,142.22 Crores in the previous year. The Bank’s Net Profit, after considering necessary provisions and contingencies and all expenses, was higher by 39.02% at Rs. 802.61 Crores as against Rs. 577.32 Crores in the previous year. The Earning per Share (EPS) of the Bank has risen to Rs. 17.20 during the year 2011-12, from Rs. 13.16 in the previous year.

The Board of Directors of the bank has recommended a dividend of Rs. 2.20 per equity share of Rs. 10/-each for the year ended 31^st March 2012.

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