State-owned IDBI Bank today reported a 6.5 per cent decline in net profit at Rs 518.23 crore for the quarter ended March 31, 2014.
The bank's net profit stood at Rs 554.45 crore in the year-ago period.
The total income increased to Rs 7,866.52 crore for the quarter ended March from Rs 7,543.78 crore in the quarter ended March 31, 2013, IDBI Bank in a filing on BSE.
For the full-year ended March, the bank's net profit dipped by 40 per cent to Rs 1,121.4 crore from Rs 1,882.08 crore in 2012-13.
The total income increased to Rs 28,283.81 crore for the entire year ended March 31, 2014, from Rs 19,359.49 crore in the previous fiscal.
Shares of IDBI Bank closed at Rs 68.20 per unit, up 0.2 per cent on the BSE.
