Indian Bank posted 14.27 per cent rise in net profit at Rs 282.92 crore for the quarter ended September 30, 2008 as against Rs 247.53 crore in the corresponding period last year.
Total income of the bank perked up to Rs 1,900.93 crore in the second quarter of 2008-09 as compared to Rs 1,493.13 crore in the comparable quarter last year.
Net profit of the bank for the first half of the current fiscal jumped to Rs 500.55 crore as against Rs 459.62 crore in the same period last year on an income of Rs 3,645.92 crore versus Rs 2,869.87 crore.
The bank has laid provisions (other than tax) and contingencies a sum of Rs 108.93 crore (Rs 49.70 crore) during the second quarter and Rs 277.94 crore (Rs 140.40 crore) for the first half of the current financial year.
