Indian Bank net rises up by 2.7% at Rs241.67 cr in Q4

Indian Bank net rises up by 2.7% at Rs241.67 cr in Q4
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First Published: Wed, Apr 23 2008. 04 28 PM IST
Updated: Wed, Apr 23 2008. 04 28 PM IST
PTI
Mumbai: State-run Indian Bank on Wednesday announced a stand-alone net profit of Rs241.67 crore for the fourth quarter ending March 31, 2008, a 2.7% growth over the corresponding period a year-ago.
The company had a stand-alone net profit of Rs235.30 crore for the fourth quarter last financial year, Indian Bank said in a filing to the Bombay Stock Exchange.
The total income increased to Rs1,672.85 crore in the last quarter of the previous fiscal from Rs1,563.59 crore in the year-ago period.
For the fiscal ended March 31, 2008, the net profit stood at Rs1,008.74 crore, up from Rs759.77 crore in the previous financial year.
The total income for the fiscal rose to Rs 6,218.67 crore from Rs5,017.86 crore a year-ago.
Shares of the bank were trading at Rs144.45 at the BSE at 3.04 p.m., down Rs7.49.
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First Published: Wed, Apr 23 2008. 04 28 PM IST