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Vijaya Bank Q2 net profit declines by 39.38%

05 Nov 2012 Evaluate

Vijaya Bank has reported results for second quarter ended September 30, 2012.

The bank has reported a fall of 39.38% in its net profit at Rs 123.37 crore for the quarter as compared to Rs 203.53 crore for the same quarter in the previous year. However, total income of the bank has increased by 9.69% to Rs 2301.72 crore for quarter under review as compared to Rs 2098.33 crore for the quarter ended September 30, 2011.

Gross non-performing assets (NPAs) of the bank has increased to 3.17% for the quarter as against 2.54% in the previous quarter. Net non-performing assets (NPAs) of the bank were at 1.90%, higher than 1.42% in the previous quarter.

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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