Karur Vysya Bank has reported results for the fourth quarter and year ended March 31, 2018.
The Bank has reported a fall of 76.76% in its net profit at Rs 50.56 crore for the quarter ended March 31, 2018 as compared to Rs 217.56 crore for the same quarter in the previous year. However, total income of the Bank marginally increased by 2.06% at Rs 1,699.53 crore for quarter under review as compared to Rs 1,665.23 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the Bank has posted a fall of 42.96% in its net profit at Rs 345.67 crore as compared to Rs 605.98 crore for the previous year. However, total income of the Bank marginally increased by 3.04% at Rs 6,599.58 crore for year under review as compared to Rs 6,404.57 crore for year ended March 31, 2017.
