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ING Vysya Bank reports 39.53% rise in Q4 net profit

25 Apr 2012 Evaluate

ING Vysya Bank has reported results for fourth quarter ended March 31, 2012

The bank has posted a rise of 39.53% in its net profit at Rs 127.39 crore for the quarter ended March 31, 2012 as compared to Rs 91.30 crore for the same quarter in the previous year.  Total income has increased by 32.81% at Rs 1258.30 crore for quarter under review as compared to Rs 947.42 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the bank has posted a rise of 43.20% in its net profit at Rs 456.30 crore for the year ended March 31, 2012 as compared to Rs 318.65 crore for the same period in the previous year. Total income has increased by 35.16% at Rs 4526.57 crore for year under review as compared to Rs 3349.03 crore for the period ended March 31, 2011.

On the consolidated basis, the bank has posted a rise of 43.32% in its net profit at Rs 456.36 crore for the year ended March 31, 2012 as compared to Rs 318.41 crore for the same period in the previous year. Total income has increased by 35.17% at Rs 4526.46 crore for year under review as compared to Rs 3348.65 crore for the period ended March 31, 2011.

Peers
Company Name CMP
HDFC Bank 772.55
ICICI Bank 1251.45
Axis Bank 1259.75
Kotak Mahindra Bank 371.30
Indusind Bank 910.80
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