IDBI FY06 net at Rs 546cr

Industrial Development Bank of India (IDBI) today reported a consolidated net of Rs 546.49 crore for the year ended March 31, 2006 when compared with Rs 318.57 crore in FY05.

According to a release issued by the bank to the BSE today, total income stood at Rs 6,817.29 crore in FY06 as against Rs 3,352.45 crore for the six-months ended March 31, 2005.

The board has recommended a dividend of Rs 1.50 per share, the release added.