News Business IDBI Bank Q2 net dips 60% to Rs 192 cr

IDBI Bank Q2 net dips 60% to Rs 192 cr

New Delhi: The IDBI Bank on Wednesday reported a 60 per cent decline in net profit at Rs 192.27 crore for the second quarter ended September 30, 2013-14.The bank had net profit of Rs 483.53

idbi bank q2 net dips 60 to rs 192 cr idbi bank q2 net dips 60 to rs 192 cr
New Delhi: The IDBI Bank on Wednesday reported a 60 per cent decline in net profit at Rs 192.27 crore for the second quarter ended September 30, 2013-14.





The bank had net profit of Rs 483.53 crore in the July-September quarter of 2012-13 fiscal.

The total income of the bank rose to Rs 7,114.44 crore in Q2, 2013-14, from Rs 6,880 crore in the year-ago period, IDBI Bank said in a filing to the BSE.

IDBI bank scrip closed at Rs 65.90, down 3.94 per cent, on the BSE.

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