MoneyWorks4Me

City Union Bank reports 15% rise in Q3 net profit

28 Jan 2019 Evaluate

City Union Bank reported results for third quarter ended December 31, 2018.

The Bank has reported 15.07% rise in its net profit at Rs 178.11 crore for the quarter under review as compared to Rs 154.79 crore for the same quarter in the previous year. Total income of the Bank increased by 10.07% at Rs 1,086.46 crore for Q3FY19 as compared Rs 987.05 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 2.91%, as compared to 3.30% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.74% in Q3FY19.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
View more..