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Karur Vysya Bank reports 27.32% increase in Q4 net profit

26 May 2012 Evaluate

Karur Vysya Bank has reported 27.32% increase in its net profit at Rs 146.79 crore for the fourth quarter ended March 31, 2012 against Rs 115.29 crore during the January-March quarter of 2010-11 fiscal. Total income increased to Rs 1,059.27 crore during the quarter under review, up 52.33%, from Rs 695.37 crore in the same period of the previous fiscal.

The bank has reported total profit during 2011-12 fiscal of Rs 501.72 crore against Rs 415.59 crore during same period last fiscal. Full-year income was Rs 3,620.52 crore against Rs 2,482.02 crore of last year.

Gross non-performing assets (NPAs) declined at 1.33% versus 1.45% quarter-on-quarter, but net NPAs increased at 0.33% as against 0.29%.

Karur Vysya Bank Share Price

294.90 0.35 (0.12%)
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