The Bank has announced its Q4 numbers of FY09. Its Q4 net profit declined by 35.29% at Rs 744 crore versus Rs 1,149.8 crore in the same period of last year. And its below the expectations. The company's total income plunged by 11.43% at Rs 9,203 crore versus Rs 10,391 crore, YoY. Its net interest income went up by 2.89% to Rs 2,139 crore from Rs 2,079.46 crore (CNBC-TV18 estimated at Rs 1,987.76 crore). Provisions went up by 14.47% at Rs 1,084 crore as against Rs 947 crore in the same quarter of last year. EPS slipped to Rs 6.68/sh versus Rs 10.27/sh, YoY and net interest margin (NIM) came in at 2.6%. Its non-interest income was down by 29.13 % to Rs 1,674 crore. Treasury income came in at Rs 214 crore in Q4 versus Rs 976 crore in Q3 and fee income declined by 30.34%.
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