Vijaya Bank reports 25% fall in Q2 net profit

Vijaya Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532401 | NSE: VIJAYABANK

29 Oct 2018 Evaluate

Vijaya Bank has reported results for second quarter ended September 30, 2018.

The Bank has reported 24.54% fall in its net profit at Rs 139.94 crore for the quarter under review as compared to Rs 185.46 crore for the same quarter in the previous year. However, total income of the Bank increased by 12.28% at Rs 3,931.36 crore for Q2FY19 as compared Rs 3,501.31 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July-September quarter of the current fiscal improved to 5.86%, as compared to 7.06% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 3.81% in Q2FY19.

Peers

Company Name	CMP
State Bank Of India	961.90
PNB	112.50
Bank Of Baroda	227.90
Canara Bank	120.90
Union Bank Of India	171.80
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