Friday, January 18, 2008

IDBI Announces Q3 Results

Industrial Development Bank of India Ltd (IDBI) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 1758.40 million for the quarter ended December 31, 2007 as compared to Rs 1267.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 18776.50 million for the quarter ended December 31, 2006 to Rs 24713.80 million for the quarter ended December 31, 2007.

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