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Indian Bank declines after Q4FY12 results-news13052012


Indian Bank has announced the following results for the quarter & year ended March 31, 2012:

The Audited results for the Quarter ended March 31, 2012

    The net profit of the bank dropped by 21.29% to Rs345.42 crore for the quarter ended March 31, 2012 as compared to Rs438.86 crore for the quarter ended March 31, 2011.
    The total income of the bank increased by 22.06% to Rs3498.02 crore for the quarter ended March 31, 2012 from Rs2865.80 crore for the quarter ended March 31, 2011.

The Audited results for the Year ended March 31, 2012

    The net profit of the bank marginally up by 1.91%to Rs1746.97 crore for the year ended March 31, 2012 as compared to Rs1714.07 crore for the year ended March 31, 2011.
    The total income of the bank increased by 27.21% to Rs13411.15 crore for the year ended March 31, 2012 from Rs10542.92 crore for the year ended March 31, 2011.

The Audited Consolidated results for the Year ended March 31, 2012

    The net profit of the group surged by 1.17% to Rs1765.83 crore for the year ended March 31, 2012 as compared to Rs1745.41 crore for the year ended March 31, 2011.
    The total income of the bank increased by 27.22% to Rs13422.43 crore for the year ended March 31, 2012 from Rs10550.82 crore for the year ended March 31, 2011.
....more info



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