Public sector lender Indian Bank today said its net profit for the March quarter jumped 63 per cent to Rs 394.08 crore over the same period last year.
The company had a net profit of Rs 241.67 crore for the period ended March 2008, Indian Bank said in a filing to the Bombay Stock Exchange.
Total income of the bank rose to Rs 2,148.48 crore for the quarter under review, from Rs 1,672.85 crore in the same period ended March 2008.
For the year ended March 31, the bank has posted a consolidated net profit of Rs 1,255.15 crore, up 20.32 per cent from Rs 1,043.12 crore in the same period last year.
Total income of the bank rose to Rs 7,879.19 crore for the year ended March 2009, from Rs 6,268.45 crore in the same period ended March 2008.
Shares of Indian Bank were trading at Rs 129.50, up 7.11 per cent on the BSE.