IDBI Bank Q2 net profit flat at Rs. 119.5 cr; Gross NPA At 6.92%

Total Income has increased from Rs. 7,610.5 crore for the quarter ended September 30, 2014 to Rs. 7,913.6 crore for the quarter ended September 30, 2015.

IDBI Bank Ltd recorded a rise of 0.84% in its net profit of Rs. 119.5 crore for the quarter ended September 30, 2015 as compared to Rs. 118.5 crore for the quarter ended September 30, 2014. Total Income has increased from Rs. 7,610.5 crore for the quarter ended September 30, 2014 to Rs. 7,913.6 crore for the quarter ended September 30, 2015.

IDBI Bank Ltd is currently trading at Rs. 85, up by Rs. 0.4 or 0.47% from its previous closing of Rs. 84.6 on the BSE.

The scrip opened at Rs. 85.5 and has touched a high and low of Rs. 85.55 and Rs. 82 respectively. So far 10581641(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 13569.49 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 89.75 on 30-Oct-2015 and a 52-week low of Rs. 52.45 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 89.75 and Rs. 83.65 respectively.

The promoters holding in the company stood at 76.5 % while Institutions and Non-Institutions held 13.88 % and 9.63 % respectively.

The stock is currently trading below its 50 DMA.