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Vijaya Bank reports marginal rise in Q3 net profit

24 Jan 2013 Evaluate

Vijaya Bank has reported results for third quarter ended December 31, 2012.

The bank has reported 1.98% rise in its net profit at Rs 126.73 crore for the quarter as compared to Rs 124.27 crore for the same quarter in the previous year. Total income of the bank has increased by 8.42% at Rs 2357.02 crore for quarter under review as compared to Rs 2173.92 crore for the quarter ended December 31, 2011.

The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 2.91%, slightly better than 2.98% in the same quarter of the previous year. Besides, bank’s Net NPA remained lower at 1.71% in the quarter under review as against 1.81% in Q3FY12.

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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