Stock Report

Indian Bank announces Audited Consolidated profit at Rs.810.03 crores



Posted On : 2007-05-14 00:46:57( TIMEZONE : IST )

Indian Bank announces Audited Consolidated profit at Rs.810.03 crores

Indian Bank has announced the Audited Consolidated results for the year ended March 31, 2007 .The results for the Year ended March 31, 2007 are as follows: The Group has posted a net profit (after minority interest) of Rs 8100.30 million for the year ended March 31, 2007 as compared to Rs 5154.70 million for the year ended March 31, 2006. Total Income has increased from Rs 38385.40 million for the year ended March 31, 2006 to Rs 50484.50 million for the year ended March 31, 2007.

The stock was trading at Rs.129.10, up by Rs.3.05 or 2.42%. The stock hit an intraday high of Rs.132.35 and low of Rs.127. The total traded quantity was 310040 compared to 2 week average of 331562.

Source : Equity Bulls

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