Indian Bank Q1 profit up 13 % at Rs 461.7 cr
Agencies: New Delhi, Jul 23 2012, 16:23 IST
Indian Bank today posted 13.4 per cent rise in net profit at Rs 461.7 crore for the first quarter ended June 30, 2012, over the same period in the previous fiscal.
The state-run bank had posted a net profit of Rs 406.9 crore in the corresponding quarter of last fiscal.
The bank's total income increased by 19 per cent at Rs 3,596.5 crore as compared to Rs 3,030.7 crore in the same
period a year ago, Indian Bank said in a filing to the BSE.
The total interest income of the Chennai-based bank rose
to Rs 3,373.8 crore as compared to Rs 2,781.4 crore in the
same quarter previous fiscal.
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