IDBI Bank Q4 net proift at Rs 2031.61 cr
NEW DELHI, Apr 21: IDBI Bank Ltd today reported a net profit of Rs 2031.61 crore for the year ended March 31, 2012.
The company had posted a net profit of Rs 1650.32 crore for the year ended March 31, 2011, the company said in a regulatory filing.
The Bank said the figures of the previous period include the working results of the two erstwhile wholly owned subsidiary of the Bank namely IDBI Home Finance Ltd and IDBI Gilts Ltd for the period from January 1, 2011 to March 31, 2011 consequent on merging with the Bank. Accordingly, the figures of the previous year are not strictly comparable.
The group has posted a net profit Rs 2013.12 crore for the year ended March 31, 2012 where as the same was at Rs 1563.51 crore for the year ended March 31, 2011.
Total Income stood at Rs 25592.15 crore for the year ended March 31, 2012 where as the same was at Rs 20838.19 crore for the year ended March 31, 2011, it said.
The Bank has also informed that the Board of Directors of the Bank at its meeting held on April 21, 2012, has declared final dividend of Rs 1.50 per share for the financial year 2011-12.
(UNI)

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