IDBI Bank Ltd has announced the following results for the quarter & year ended March 31, 2011 The Unaudited results for the Quarter ended March 31, 2011 The Bank has posted a net profit of Rs 5162.50 million for the quarter ended March 31, 2011 where as the same was at Rs 3184.10 million for the quarter ended March 31, 2010. Total Income is Rs 57006.50 million for the quarter ended March 31, 2011 where as the same was at Rs 46279.10 million for the quarter ended March 31, 2010. The Audited results for the Year ended March 31, 2011 The Bank has posted a net profit of Rs 16503.20 million for the year ended March 31, 2011 where as the same was at Rs 10311.30 million for the year ended March 31, 2010. Total Income is Rs 206844.70 million for the year ended March 31, 2011 where as the same was at Rs 175630.50 million for the year ended March 31, 2010. The Consolidated Results are as follows : The Audited consolidated results for the Year ended March 31, 2011 The Group has posted a net profit of Rs 15635.10 million for the year ended March 31, 2011 where as the same was at Rs 10205.30 million for the year ended March 31, 2010. Total Income is Rs 208381.90 million for the year ended March 31, 2011 where as the same was at Rs 178170.00 million for the year ended March 31, 2010. The above results have been taken on record by the Board of Directors of the IDBI Bank Ltd. at its meeting held on April 19, 2011 (ii) The figures of the current 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 01.01.2011 to 31.03.2011 consequent on merging with the bank. Accordingly, the figures of the previous year are not strictly comparable.
Source : BSE - www.bseindia.com
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