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Karur Vysya Bank - Quaterly Results

17 Jul 2023 Evaluate
The sales surged to Rs. 18829.10 millions, up 27.78% for the June 2023 quarter as against Rs. 14735.30 millions during the corresponding quarter previous year.Net profit for the quarter ended June 2023 increased significantly by 56.78% to Rs. 3586.30 millions from Rs. 2287.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 18829.10 14735.30 27.78 18829.10 14735.30 27.78 65165.50 55876.70 16.62
Other Income 3331.60 1990.70 67.36 3331.60 1990.70 67.36 11589.40 7690.60 50.70
Interest Expended 9858.40 7276.50 35.48 9858.40 7276.50 35.48 31677.40 28723.00 10.29
Operating Expenses 5818.10 5818.10 23.93 5818.10 4694.80 23.93 20319.60 18542.20 9.59
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1594.20 1546.40 3.09 1594.20 1546.40 3.09 10389.30 6992.90 48.57
Tax 1303.70 920.80 41.58 1303.70 920.80 41.58 3307.70 2576.50 28.38
PAT 3586.30 2287.50 56.78 3586.30 2287.50 56.78 11060.90 6732.70 64.29
Equity 1604.80 1600.20 0.29 1604.80 1600.20 0.29 1604.10 1600.00 0.26
OPM 34.44 32.27 6.72 34.44 32.27 6.72 37.99 29.18 30.22
Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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