India's leading private sector lender ING Vysya Bank has announced its fourth quarter financial results. The bank has informed that its net profit has gone up by 38.22% for the particular quarter ended in 31st March, 2010. The net profit of the firm has been reported to stand at Rs 67.91 crore.

However, the total income of the company has declined to Rs 715.82 crore for the same period while it was around Rs 756.78 crore during the forth quarter in the preceding fiscal year.

ING Vysya Bank has informed this in a filing to the Bombay Stock Exchange. In this year, at the end of March the Bank has posted a mammoth net profit of Rs 242.22 crore. Last year it was reported to be Rs 188.78 crore.

The total income of the company has touched Rs 2,822.38 crore against Rs 2,787.56 crore in the corresponding fiscal.

The board of the Bank has decided to recommend a dividend of 25% or Rs 2.50 per share for the year for its investors.