IDBI Bank Q1 PAT rises to Rs 135 cr from Rs 106 Crore

| Deepti Rajan

idbiIDBI Bank reported a net profit of Rs 135 Crore for the quarter ended June 30, 2015 and Rs 873 Crore for year ended March 31, 2015 as against Rs 106 Crore for the quarter ended June 30, 2014 registering a growth of 27%.

Total business (deposits and advances) as of June 30, 2015 stood at Rs 445668 Crore as against Rs 394924 Crore as of June 30, 2014 registering a growth of 13%, the bank said.

Deposits increased to Rs 241328 Crore as at end June 2015 from Rs 210343 Crore as at end June 2014 reflecting a growth of 15%.

Advances also increased by 11% to Rs 204339 Crore as at end June 2015 as compared to Rs 184581 Crore as at end June 2014.

Aggregate assets as of June 30, 2015 stood at Rs 342016 Crore as against Rs 309317 Crore as of June 30, 2014 registering a growth of 11%.

The Bank’s CAR stood at 11.74% (as per Basel III) as of June 30, 2015.

The Bank’s Gross NPAs stood at 6.64 % and Net NPAs stood at 3.18% as of June 30, 2015.

 
Q1 2015-16
Q1 2014-15
FY 2014-15
Total Income
7903
7233
32162
Interest income
7261
6733
28154
Non-Interest Income
642
500
4008
Total Expenses
6765
6304
26434
Interest expenses
5767
5482
22406
Operating expenses
998
822
4028
Operating Profit
1138
929
5728
Provisions (net)
1003
823
4855
Net Profit
135
106
873

 

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