On the back of increased sales of lignite and bauxite, GMDC registered good growth in Q3FY11. Top-line of the company stood at Rs 360 crores up 33% YoY and 45% QoQ and bottom-line of the company has registered 42% rise stood at Rs 101 crores in the December ending quarter.
IDBI Bank reported strong PAT growth of 58% yoy to Rs454cr in Q3FY11 on the back of strong NII growth of 67.5% yoy to 1204cr. Net interest margin of the banksaw an improvement of about 70bps to 2.28% in Q3FY11 as against in 1.59% in Q3FY10.
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