Date:23/06/2007 URL: http://www.thehindubusinessline.com/2007/06/23/stories/2007062304800600.htm

Back Citigroup India net up 39%

Our Bureau

New Delhi, June 22

Citigroup India said that its net profit for the fiscal year 2006-07 grew 39 per cent, on a conglomerate basis, to Rs 1,566 crore against Rs 1,127 crore in the previous year. The net profit of Rs 1,127 crore in fiscal 2005-06 excludes the Rs 2,188 crore from the gain on sale of holding in one of the group companies. For the year ended March 31, 2007, Citigroup India, comprised of all Citigroup entities in the country, reported revenues of Rs 7,315 crore.