IDBI Bank Q3 net up 1.7% to `417 crore
19 Jan 2013 6:31 AM IST
State-owned IDBI Bank on Friday reported a marginal 1.7 per cent increase in its net profit to Rs 416.76 crore for third quarter ended December 31, 2012.
The bank had posted a net profit of Rs 409.81 crore for the same quarter of the previous fiscal (2011-12), IDBI Bank said in a filing to the Bombay Stock Exchange (BSE). The total income of the bank increased to Rs 7,070.19 crore during the October-December quarter from Rs 6,281.83 crore in the year-ago period.
For the first nine months of the current financial year (2012-13), the bank has clocked a 5.3 per cent rise in net profit, to Rs 1,327.64 crore from Rs 1,260.83 crore in the same period of the previous fiscal.
The bank reported a total income of Rs 20,740.03 crore in the first three quarters compared to Rs 18,616.14 crore in the same period last financial year.
The bank had posted a net profit of Rs 409.81 crore for the same quarter of the previous fiscal (2011-12), IDBI Bank said in a filing to the Bombay Stock Exchange (BSE). The total income of the bank increased to Rs 7,070.19 crore during the October-December quarter from Rs 6,281.83 crore in the year-ago period.
For the first nine months of the current financial year (2012-13), the bank has clocked a 5.3 per cent rise in net profit, to Rs 1,327.64 crore from Rs 1,260.83 crore in the same period of the previous fiscal.
The bank reported a total income of Rs 20,740.03 crore in the first three quarters compared to Rs 18,616.14 crore in the same period last financial year.
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