IDBI Bank, one the leading public sector banks, reported a fall of 38.54% in its net profit for the quarter ended Sept. 30, 2014. The bank earned a profit of Rs 1.18 billion for the quarter ended Sept. 30, 2014.

The bank's quarterly income totalled at Rs 76.10 billion, an increase of 6.97% over Rs 71.14 billion in the same period a year ago.

The bank has made provision of Rs 9.90 billion, which was higher by 12.76% from prior year period.

In percentage term, net NPAs were at 2.79% at the end of the quarter, Sept. 30, 2014, higher by 2.82% from last year period.

Net NPA was at Rs 54.38 billion for the quarter ended Sept. 30, 2014, as compared to Rs 51.74 billion in the same period last year, representing an increase of 5.10%.

Capital adequacy ratio (CAR) under Basel III of the bank was at 11.71% as on Sept. 30, 2014.

Shares of the bank gained Rs 1.9, or 2.78%, to trade at Rs 70.15. The total volume of shares traded was 908,606 at the BSE (2.37 p.m., Friday).