IDBI Bank has reported result for the fourth quarter and year ended March 31, 2015.
The bank has posted a rise of 5.35% in its net profit at Rs 545.94 crore for the quarter ended March 31, 2015 as compared to Rs 518.23 crore for the same quarter in the previous year. Total income of the bank has increased by 19.27% at Rs 9382.37 crore for quarter under review as compared to Rs 7866.52 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a fall of 22.12% in its net profit at Rs 873.39 crore as compared to Rs 1121.4 crore for the same period in the previous year. However, total income of the bank has increased by 8.74% at Rs 32161.62 crore for year under review as compared to Rs 29576.27 crore for the period ended March 31, 2014.
For the year ended March 31, 2015, on the consolidated basis, the bank has posted a fall of 18.23% in its net profit at Rs 941.8 crore as compared to Rs 1151.74 crore for the same period in the previous year. However, total income of bank has increased by 8.86% at Rs 32353.5 crore for year under review as compared to Rs 29720.25 crore for the period ended March 31, 2014.
