April 26, 2013 / 08:48 IST
IDBI Bank's fourth quarter net profit fell by 28 percent year-on-year to Rs 554.5 crore.
However, net interest income rose by 18.9 percent to Rs 1,440 crore in January-March quarter FY13 from Rs 1,211 crore in a year ago period.
Gross non-performing asset (NPA) dropped by 45 basis points Q-o-Q to 3.22 percent and net NPA declined 35 basis points to 1.58 percent during the quarter.
Provisions against bad loans slipped to Rs 869 crore in fourth quarter as against Rs 963 crore in previous quarter.
Other income jumped 45.9 percent to Rs 1,147 crore from Rs 786 crore during the same period.
The stock moved up 1.5 percent to close at Rs 88.35 on Bombay Stock Exchange.
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