The NDB Group said today its profit attributable to shareholders for the six months ended 30 June 2011 recorded a significant growth of 37% over the corresponding period last year to reach the Rs. 1 bn landmark for the period, propelled by NDB Bank’s strong core banking profits and improved performance of the group companies.
The second quarter performance of the bank was significantly higher than the performance for the first quarter. NDB Bank’s Profit Before Tax for the second quarter was Rs.971 mn, a growth of 37 % over the first quarter of 2011.
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