Friday, January 15, 2010

IDBI Bank Q3 net profit up at Rs 287.1 cr

IDBI Bank has announced its third quarter results of FY10. Its net profit went up to Rs 287.1 crore versus Rs 222.6 crore.

The net interest income (NII) increased to Rs 718.7 crore versus Rs 516.3 crore.

These numbers were better-than-expected; CNBC-TV18 was expecting the NII at Rs 625.45 crore and net profit at Rs 254.17 crore.
Other income was down to Rs 425 crore from Rs 480 crore.
Source: CNBC-TV18
Courtesy moneycontrol.com








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