Indian Bank reported a 46.34 per cent growth in net profit at Rs 247.60 crore in the September 2007 quarter on the back of higher growth in interest income and fee-based income.
 

Total income for the quarter rose 26.93 per cent to Rs 1,493.14 crore from Rs 1,176.31 crore in the corresponding period last fiscal. Interest income rose 21.28 per cent to Rs 1,251.90 crore against Rs 1,032.26 crore earlier.

Other income, which includes fee-based income, was up 67.47 per cent to Rs 241.24 crore from Rs 144.05 crore, said M S Sundara Rajan, chairman and managing director, at a press meet.