Vijaya Bank reports over 4-fold jump in Q3 net profit

Vijaya Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532401 | NSE: VIJAYABANK

02 Feb 2017 Evaluate

Vijaya Bank has reported results for third quarter ended December 31, 2016.

The Bank has posted over four-fold jump in its net profit at Rs 230.28 crore for the quarter as compared to Rs 52.61 crore for the quarter ended December 31, 2015. Total income of the Bank increased by 14.75% at Rs 3714.37 crore for Q3FY17 as compared Rs 3237.02 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 6.98%, as compared to 4.32% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 4.74% in Q3FY17.

Peers

Company Name	CMP
State Bank Of India	961.90
PNB	112.50
Bank Of Baroda	227.90
Canara Bank	120.90
Union Bank Of India	171.80
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