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%.
