City Union Bank has reported results for first quarter ended June 30, 2018.
The Bank has reported a rise of 15.20% in its net profit of Rs 161.65 crore for the quarter under review as compared to Rs 140.32 crore for the same quarter in the previous year. Total income of the Bank increased by 6.01% at Rs 1018.61 crore for Q1FY19 as compared Rs 960.87 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April-June quarter of the current fiscal is improved to 3.02%, as compared to 3.05% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.70% in Q1FY19.
