IDBI Bank reports 1.69% rise in Q3 net profit

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

19 Jan 2013 Evaluate

IDBI Bank has reported results for third quarter ended December 31, 2012.

The bank has reported 1.69% rise in its net profit at Rs 416.76 crore for the quarter as compared to Rs 409.81 crore for the same quarter in the previous year. Total income of the bank has increased by 12.55% at Rs 7070.19 crore for quarter under review as compared to Rs 6281.83 crore for the quarter ended December 31, 2011.

The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 3.67%, as compared to 2.94% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 1.93% as compared to 1.96% in the same quarter of the previous year.

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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