Saturday, August 4, 2012

Karur Vysya Bank Q1 net profit up 25% at Rs 146 cr


Private sector lender Karur Vysya Bank  's net profit rose by 24.8% year-on-year to Rs 146 crore in the first quarter of financial year 2012-13, even after increase in non-performing assets (NPAs).

Net interest income went up by 23.9% to Rs 254 crore during the same period.

Gross NPAs increased 20 basis points quarter-on-quarter to 1.53% and net NPAs rose by 5 basis points to 0.38% in the quarter ended June 2012.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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