Operational efficiency, lower finance costs help in highest profit since September 2010
Global business was up 13.3 per cent and stood at Rs 11,181 crore
The Bengaluru-based public sector bank posted a seven per cent growth in net interest income at Rs 2,380 cr
Total income of the company during the third quarter rose to Rs 8,806 cr from Rs 8,700 cr in the same period last year
Total income has increased from Rs 1323 crore to Rs 1376 crore for the quarter
Net sales during the period under review stood at Rs 514.9 crore, up 6%
Company's profit is higher primarily because of two reasons - higher sales and net sales realisation
Total income from operations during the quarter increased to Rs 184.48 crore
Revenues rose by 16% to $2.74 billion in the October-December quarter of 2014
Total income of the company grew to Rs 8,806 crore from Rs 8,700 crore in the same period last year
Net sales during the period under review stood at Rs 514.9 crore
Company's net sales during the quarter under review were at Rs 1,382.05 crore
Bank's total income increased to Rs 12,227.86 crore for the quarter under review
Net sales were also lower than Street estimates with a 1% drop at Rs 6,792 cr
Its adjusted net profit at Rs 130 cr was way short of Bloomberg consensus estimates of Rs 183.8 cr
The country's 2nd largest public sector bank by assets had reported net profit of Rs 755.4 cr for the Oct-Dec quarter of 2013-14
New business premium up 25% to Rs 1,633 crore
Company's total income up by 26% to stand at Rs 277.59 cr