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City Union Bank reports 11% rise in Q1 net profit

10 Aug 2016 Evaluate

City Union Bank has reported results for first quarter ended June 30, 2016.

The bank has reported 10.73% rise in its net profit at Rs 123.53 crore for the quarter ended June 30, 2016 as compared to Rs 111.56 crore for the same quarter in the previous year. Total income of the bank increased by 8.93% to Rs 883.31 crore for the quarter under review from Rs 810.93 crore for the corresponding quarter of the previous year.

The bank’s gross NPA for the April-June quarter of the current fiscal increased to 2.62%, as compared to 2.01% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 1.59% in Q1FY17.

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Company Name CMP
HDFC Bank 685.00
ICICI Bank 1385.70
Axis Bank 1226.10
Kotak Mahindra Bank 457.00
Indusind Bank 868.40
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