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Karur Vysya Bank reports 15% rise in Q4 net profit

05 May 2015 Evaluate

Karur Vysya Bank has reported result for the fourth quarter and year ended March 31, 2015.

The bank has posted a rise of 15.25% in its net profit at Rs 137.83 crore for the quarter ended March 31, 2015 as compared to Rs 119.59 crore for the same quarter in the previous year. Total interest earned by the bank has increased marginally by 0.38% at Rs 1327.82 crore for quarter under review as compared to Rs 1322.74 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the bank has posted a rise of 8.07% in its net profit at Rs 464.28 crore as compared to Rs 429.60 crore for the same period in the previous year. Total interest earned by the bank has increased by 5.47% at Rs 5395.87 crore for year under review as compared to Rs 5115.96 crore for the period ended March 31, 2014.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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