IDBI Bank has posted a 28.02 per cent rise in its net profit at Rs 313.67 crore for the fourth quarter ended March 31, 2009 as against Rs 245 crore in the same period last year.
The board has recommended a dividend of 25 per cent for the financial year ended March 2009, the public sector bank informed Bombay Stock Exchange today.
The total Income rose from Rs 2,646.9 crore for the reporting quarter to Rs 3,734.5 crore for January-March 2008.
For the financial year 2008-09 the bank has posted 17.69 per cent rise in net profit at Rs 858.53 crore as against Rs 729.46 crore for the year ended March 31, 2008.
The total income increased from Rs 9622.65 crore in 2007-08 to Rs 13,021.54 crore in the year ended March 31, 2009.
