MoneyWorks4Me

City Union Bank reports 15% rise in Q3 net profit

27 Jan 2015 Evaluate

City Union Bank has reported results for third quarter ended December 31, 2014.

The bank has registered a rise of 15.29% in its net profit at Rs 102.70 crore for the quarter under review as compared to Rs 89.08 crore for the same quarter in the previous year. Total income of the bank has increased 10.95% at Rs 782.29 crore for Q3FY15 as compared Rs 705.11 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 2.12% in the October- December quarter as against 1.70% in the same quarter previous year, while net NPAs stood at 1.31%.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
View more..