IDBI Bank Q4 net up 5 pc at Rs 546 cr

Image
Press Trust of India New Delhi
Last Updated : May 26 2015 | 8:48 PM IST
Public sector IDBI Bank today reported a 5.35 per cent growth in net profit at Rs 545.94 crore for the quarter ended March 31, 2015.
The bank had a net profit of Rs 518.23 crore in the January-March quarter of 2013-14 fiscal.
Total income has increased to Rs 9,382.37 crore during the quarter ended March, from Rs 7,866.52 crore in the same period last fiscal.
For the full 2014-15 fiscal, IDBI Bank posted a net profit of Rs 873.39 crore, a 22 per cent decline over last fiscal. The bank had a net profit of Rs 1,121.40 crore in 2013-14.
Total income has increased to Rs 32,161.62 crore for the year ended March 31, 2015, from Rs 29,576.27 crore last fiscal.
On a consolidated basis, the group posted a net profit of Rs 941.80 crore for the year ended March 31, 2015.
The net profit after minority interest and share of profit of associates was Rs 1,151.74 crore in 2013-14 fiscal.
Shares of IDBI Bank closed at Rs 66.75, down 1.84 per cent over previous close on the BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 26 2015 | 8:48 PM IST

Next Story