Thursday, May 31, 2012

Karur Vysya Bank Q4 net profit up 28% at Rs 147 cr


Private sector lender Karur Vysya Bank 's net profit increased 28% year-on-year to Rs 147 crore for the fourth quarter of FY12.

Net interest income went up 23.7% to Rs 261 crore from Rs 211 crore during the same period.

Gross non-performing assets (NPAs) declined at 1.33% versus 1.45% quarter-on-quarter, but net NPAs increased at 0.33% as against 0.29% QoQ.

Capital adequacy ratio improved at 14.33% for the January-March quarter of 2012 versus 13.25% in previous quarter.

Karur Vysya Bank has declared a dividend of Rs 14 a share.

Source: www.moneycontrol.com






Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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