Karur Vysya Bank has reported results for third quarter ended December 31, 2015.
The bank has registered a rise of 34.20% in its net profit at Rs 152.83 crore for the quarter under review as compared to Rs 113.88 crore for the same quarter in the previous year. Total income of the bank has increased 0.88% at Rs 1525.14 crore for Q3FY15 as compared Rs 1511.8 crore for the corresponding quarter previous year.
Meanwhile, the bank’s asset quality remained stable, with gross non-performing assets (NPAs) and net NPAs remained at 1.91% and 0.96% respectively.
