Riding strong on the back of the improving consumer sentiment, IndusInd bank has recently posted one of its best results in the Q4 in the FY 2009-10. The private sector entity has posted a rise of a whopping 94% in the last quarter standing at a mind-boggling 97.96 crore which was way above the Rs 50.52 crore banked during the corresponding quarter of the previous year.

The rise in the net profits in the Q4 was mainly boosted by the interest income which stood at the 272.79 crore level and the core fee income at Rs 112.21 crore.

Notably, the core fee income excludes the revenues generated from the treasury options. Moreover, the bank filed a net profit growth of 136% for the financial year of 2009-10 as the PAT stood at Rs 350 crore which was a considerable rise as compared to the Rs 148 crore profits generated in the previous year.

Even the Managing Director and chief Executive Officer Romesh Sobti agreed on the fact that the interest income and core fee income were the main drivers of growth for the profit the bank registered in the last quarter of the financial year.