Public sector lender Indian Bank today said its net profit for the March quarter jumped 63 per cent to Rs 394.08 crore compared with Rs 241.67 crore over the same period last year.
Total income for the quarter rose to Rs 2,148.48 crore from Rs 1,672.85 crore in the same period ended March 2008, the bank informed the Bombay Stock Exchange.
| Indian Bank | ||
| (Rs crore) | 9-Aug | % Chg* |
| Int earned | 6,833 | 31 |
| Other income | 1,046 | -1 |
| Total income | 7,879 | 26 |
| Int expended | 4,216 | 34 |
| OP | 2,241 | 31 |
| Net profit | 1,255 | 20 |
| *Y-o-Y growth, Consolidated figures | ||
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 year-ago period. Total income for the year rose to Rs 7,879.19 crore from Rs 6,268.45 crore in the same period ended March 2008.