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The Indian Bank has posted a 42.77 percent rise in the net profit at Rs 307.36 crore for the first quarter ended June 30.
A standalone net profit of Rs 215.28 crore had been posted by the bank in the April-June quarter of previous year.
Indian Bank has said in a BSE filing that the total income also increased to Rs 4,512.96 crore during the June quarter, from Rs 4,494.53 crore in the same period in the previous financial year.
Bank’s non-performing assets increased to 4.48 percent at the end of June 2016, from 2.62 percent in June 2015.
