IDBI Bank Q1 net profit rises 27% to Rs 135 cr

Our Bureau Updated - December 07, 2021 at 02:34 AM.

ANDHRA PRADESH,KURNOOL:congress activities shuting IDBI Bank for samaikya andhra pradesh in kurnool on tueseday,photo:u.subramanyam.

IDBI Bank reported a 27 per cent increase in its first quarter net profit at Rs 135 crore, against Rs 106 crore in the year-ago quarter.

The public sector bank's net interest income was up 19 per cent (year-on-year) at Rs 1,494 crore. Non-interest income rose 28 per cent to Rs 642 crore.

Gross NPAs in percentage terms were up from 5.64 per cent of total advances as of June-end 2014 to 6.64 per cent as of June-end 2015.

Year-on-year, gross NPAs rose 31 per cent to Rs 14,112 crore.

Published on August 12, 2015 10:00