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Indian Bank Q1 profit up 13% at Rs 461.7 cr

Total income jumps 19% to Rs 3,596 cr

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Press Trust of India New Delhi

Indian Bank today posted 13.4% rise in net profit at Rs 461.7 crore for the first quarter ended June 30, 2012, over the same period in the previous fiscal.

The state-run bank had posted a net profit of Rs 406.9 crore in the corresponding quarter of last fiscal.

The bank's total income increased by 19% at Rs 3,596.5 crore as compared to Rs 3,030.7 crore in the same period a year ago, Indian Bank said in a filing to the BSE.

The total interest income of the Chennai-based bank rose to Rs 3,373.8 crore as compared to Rs 2,781.4 crore in the same quarter previous fiscal.

 

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First Published: Jul 23 2012 | 4:16 PM IST

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