Private sector lender Karur Vysya Bank’s net profit grew by
17.7 percent year-on-year to Rs 133 crore in the July-September quarter of
financial year 2012-13 owing to decline in non-performing assets (NPAs).
Net interest income rose by 32 percent YoY to Rs 285.8 crore
during the same quarter.
Gross NPAs fell by 27 basis points quarter-on-quarter to
1.26 percent and net NPA went down 6 basis points to 0.32 percent in the
September quarter.
Capital adequacy ratio was 14 percent in the second quarter
of FY13 as against 14.72 percent in previous quarter.
The share rose 0.82 percent to Rs 444.55 amid large volumes
on the Bombay Stock Exchange.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
No comments:
Post a Comment