Friday, May 24th 01:38 PM IST

IDBI Bank Q3 net profit at Rs 417 cr

Jan 18, 2013

Mumbai: State-owned IDBI Bank today reported a marginal 1.7 percent increase in net profit at Rs 416.76 crore for third quarter ended December 31, 2012.

Reuters

The bank had posted a net profit of Rs 409.81 crore for the same quarter of last fiscal, IDBI Bank said in a filing to the BSE. 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 2012-13, the bank has clocked 5.3 percent 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.

PTI

Firstpost encourages open discussion and debate, but please adhere to the rules below, before posting. Comments that are found to be in violation of any one or more of the guidelines will be automatically deleted:

Personal attacks/name calling will not be tolerated. This applies to comments directed at the author, other commenters and other politicians/public figures

Please do not post comments that target a specific community, caste, nationality or religion.

While you do not have to use your real name, any commenters using any Firstpost writer's name will be deleted, and the commenter banned from participating in any future discussions.

Comments will be moderated for abusive and offensive language.

Please read our comments and moderation policy before posting