IDBI Bank reports 78% rise in Q1 net profit

IDBI Bank Ltd. | Bank - Private | BFSI | BSE: 500116 | NSE: IDBI

11 Aug 2016 Evaluate

IDBI Bank has reported results for first quarter ended June 30, 2016.

The company has registered 78.35 % rise in its net profit at Rs 241.1crore for the quarter as compared to Rs 135.18 crore for the same quarter in the previous year. Total income of the company increased by 4.00% at Rs 8219.43 crore for quarter under review as compared to Rs 7903.37 crore for the quarter ended June 30, 2015.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

Peers

Company Name	CMP
HDFC Bank	740.00
ICICI Bank	1343.50
Axis Bank	1250.00
Kotak Mahindra Bank	415.00
Indusind Bank	958.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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