Earnings: IDBI Bank Q3 profit at Rs 102.79 cr, down 1%

New Delhi: Public sector IDBI Bank today reported a marginal decline in net profit at Rs 102.79 crore for the October-December quarter of 2014-15. [caption id=“attachment_680269” align=“alignleft” width=“380”] Image courtesy IDBI Bank[/caption] The bank had a net profit of Rs 103.96 crore in the third quarter of 2013-14 fiscal. Total income of the bank rose to Rs 7,935.99 crore during the three month period, from Rs 7,149.88 crore in the corresponding period a year ago, the bank said in a statement. The Net Non-Performing Assets (NPA) of the bank rose to 3.05 percent of total advances, as against 2.93 percent at the end of December 2013. The gross NPA stood at 5.94 per cent. Interest income of the bank rose to Rs 7,159 crore during the third quarter, from Rs 6,617 crore in the same period a year ago. Shares of IDBI Bank closed at Rs 65.80, up 0.23 percent over previous close on the BSE. PTI