ING Vysya Bank FY06 net at Rs 9.06 crore

ING Vysya Bank has posted a net profit of Rs 9.06 crore for FY06 as compared to a net loss of  Rs 38.18 crore for FY05.

According to an official release issued to the BSE today, total income of the bank increased to Rs 1,412.75 crore for FY06 from Rs 1,113.25 crore in FY05.

However, the bank posted a net loss of Rs 24.65 crore for Q4FY06 when compared with a net profit of Rs 4.69 crore in Q4FY05. Total income has increased to Rs 357.98 crore for Q4FY06 from Rs 332.58 crore in Q4FY05, the release added.