IDBI net up to $39.9 mn in first quarter

By IANS,

Mumbai : IDBI Bank Ltd Tuesday announced a net profit of $39.94 million (Rs.1.59 billion) during the first quarter this fiscal, as against the $ 38.28 million (Rs.1.53 billion) for the corresponding period the previous year.

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For the latest quarter ending June 30, total revenues increased to $684.78 million (Rs.27.39 billion), compared to $548.25 million (Rs.21.93 billion) in the corresponding quarter last year.