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 Mumbai:
IndusInd Bank has recorded a net profit of Rs 45.48
crore in the first quarter ended June 30, 2004 against
a net profit of Rs 24.64 crore in the corresponding period
the previous year.
The
current results of the bank include the financial performance
of the erstwhile Ashok Leyland Finance Ltd (ALFL) and
are therefore not comparable with those of the corresponding
quarter  of
the previous year, said a press release. Total income
of the bank during the quarter rose to Rs 337.3 crore.
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