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Indian Bank's consolidated net at Rs. 810 cr.

CHENNAI: The consolidated net profit of Indian Bank and its three subsidiaries has increased to Rs. 810.03 crore in the year ended March 31, 2007 against Rs. 515.47 crore in 2005-06. The operating profit has gone up by 53.8 per cent to Rs. 1,386.15 crore. Consolidated earnings per share have improved to Rs. 21.89 from Rs. 14.99 in 2005-06. The book value per share has improved to Rs. 76.27 from Rs. 54.44. IndBank Housing has registered a net profit of Rs. 25.21 crore. Indbank Merchant Banking Services has posted a net profit of Rs. 21.17 crore against Rs. 2.05 crore. Indfund Management has registered a net profit of Rs. 2.50 crore.

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