Karur Vysya Bank has reported results for the fourth quarter and year ended March 31, 2020.
The bank has reported 39.45% rise in its net profit of Rs 83.70 crore for the quarter under review as compared to Rs 60.02 crore for the same quarter in the previous year. Total income of the bank increased by 3.27% at Rs 1803.15 crore for Q4FY20 as compared Rs 1746.04 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the bank has reported 11.45% rise in its net profit of Rs 235.02 crore as compared to Rs 210.87 crore for the previous year. Total income of the bank increased by 5.40% at Rs 7144.60 crore for year under review as compared to Rs 6778.59 crore for year ended March 31, 2019.
