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City Union Bank reports 14% rise in Q1 net profit

09 Aug 2017 Evaluate

City Union Bank has reported results for first quarter ended June 30, 2017.

The Bank has reported 13.59% rise in its net profit at Rs 140.32 crore for the quarter under review as compared to Rs 123.53 crore for the same quarter in the previous year. Total income of the Bank increased by 8.78% at Rs 960.87 crore for Q1FY18 as compared Rs 883.31 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 3.05%, as compared to 2.62% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.79% in Q1FY18.

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Company Name CMP
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