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IDBI Bank posts 33% rise in Q4 net at Rs 771 cr

This article was posted on Apr 21, 2012 and is filed under Market News

Total Income up 17% at Rs 6,856 cr in Q4FY12 from Rs 5,701 cr last year

IDBI Bank has posted a 33% rise in net profit of Rs 771 crore for the quarter ended March 31, 2012 compared to Rs 516 crore for the corresponding quarter of the previous fiscal.

The total Income is Rs 6,856 crore for the quarter under review, up 16.84% from Rs 5,701 crore last year.

On a yearly basis, IDBI Bank’s net surged 18.79 per cent to Rs 2,032 crore in FY12 to Rs 1,650 in FY11. The Total income went up substantially to Rs 25,489 crore to Rs 20, 684 y-o-y.

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