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City Union Bank reports 19% rise in Q4 net profit

25 May 2015 Evaluate

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

The bank has posted a rise of 18.87% in its net profit at Rs 99.08 crore for the quarter ended March 31, 2015 as compared to Rs 83.35 crore for the same quarter in the previous year. Total income of the bank has increased by 10.13% at Rs 793.64 crore for quarter under review as compared to Rs 720.65 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the bank has posted a rise of 13.82% in its net profit at Rs 395.02 crore as compared to Rs 347.07 crore for the same period in the previous year. Total income of the bank has increased by 9.81% at Rs 3102.96 crore for year under review as compared to Rs 2825.79 crore for the period ended March 31, 2014.

Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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