MoneyWorks4Me

City Union Bank - Quaterly Results

26 May 2023 Evaluate
The company witnessed a 16.97% growth in the revenue at Rs. 12280.69 millions for the quarter ended March 2023 as compared to Rs. 10499.18 millions during the year-ago period.Profit after tax improved marginally to Rs. 2180.43  millions for the quarter ended March 2023 from Rs. 2089.57 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Interest Earned 12280.69 10499.18 16.97 47143.37 41047.79 14.85 47143.37 41047.79 14.85
Other Income 1950.22 2029.55 -3.91 8103.59 7590.84 6.75 8103.59 7590.84 6.75
Interest Expended 7138.14 5492.52 29.96 25515.41 21882.90 16.60 25515.41 21882.90 16.60
Operating Expenses 2922.34 2922.34 10.79 11551.76 10802.61 6.93 11551.76 10802.61 6.93
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1590.00 1708.96 -6.96 6405.00 6101.46 4.97 6405.00 6101.46 4.97
Tax 400.00 600.00 -33.33 2400.00 2250.00 6.67 2400.00 2250.00 6.67
PAT 2180.43 2089.57 4.35 9374.80 7601.65 23.33 9374.80 7601.65 23.33
Equity 740.42 739.58 0.11 740.42 739.58 0.11 740.42 739.58 0.11
OPM 33.96 41.89 -18.94 38.56 38.86 -0.78 38.56 38.86 -0.78
Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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