ING Vysya Bank Q4 net up Rs 89 cr

New Delhi, May 03 (UNI) ING Vysya Bank Ltd today posted a net profit of Rs 18.39 crore for the fourth quarter ended March 31, 2007 as compared to a net loss of Rs 24.65 crore during the corresponding period last year.

The bank's total income, however, rose 34 per cent to Rs 463 crore for Q4FY07 from Rs 345.17 crore for the same quarter a year ago.

For the fiscal 2006-07, the bank posted a whopping 882 per cent increase in net profit to Rs 89 crore in comparison to Rs 9 crore during the last fiscal.

The bank's total income increased to Rs 1,595.7 crore in FY07 from Rs 1,361.6 crore for the subsequent last year.

UNI