IDBI Bank net slightly up at Rs 318 cr in Q4

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MUMBAI: IDBI Bank Ltd reported a net profit of Rs 318.41 crore for the fourth quarter ended March 31, 2010 as compared to Rs 313.67 crore during the corresponding quarter last year. Total income for the March quarter of 2010 has increased to Rs 4,628.45 crore from Rs 3734.50 crore in the year-ago period.

For the year ended March 31, 2010, the bank has posted a net profit of Rs 1,031.13 crore (Rs 858.54 crore) on a total income of Rs 17,563.59 crore (Rs 13,021.55 crore).

The board of directors of the bank at its meeting held on April 30 has recommended a dividend of Rs.3 per share.


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