Karur Vysya Bank has reported results for first quarter ended June 30, 2012.
On standalone basis, the bank has posted a rise of 25.06% in its net profit at Rs 145.95 crore for the quarter ended June 30, 2012, as compared to Rs 116.70 crore for the same quarter in the previous year. Total income of the bank has increased by 44.37% to Rs 1109.81 crore for the quarter under review as compared to Rs 768.72 crore for the quarter ended June 30, 2011.
Gross non-performing assets (NPAs) rose to 1.53% in the April-June quarter as against 1.48% in the same quarter previous year while net NPAs increased to 0.38%
