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Sunday, April 24, 2011

Indian Bank reported a 7 percent rise in net profit at Rs. 438.85 crore for the quarter ended March 31, Latest Stock Price



Mumbai, April 23 : Chennai-headquartered Indian Bank Saturday23rd April reported a 7 percent rise in net profit at Rs. 438.85 crore for the quarter ended March 31, as against Rs. 409.95 crore for the period last year.

The total income of the bank, for the quarter under review also grew, by 24 percent to Rs. 2,865.8 crore, it said in a regulatory statement.

However, the earnings per share dipped to Rs. 9.94 for the quarter ended March, as against Rs. 11.16 recorded in the previous sequential quarter.

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