MoneyWorks4Me

City Union Bank - Quaterly Results

11 Aug 2023 Evaluate
The revenue zoomed 15.16% to Rs. 12661.66 millions for the quarter ended June 2023 as compared to Rs. 10994.39 millions during the corresponding quarter last year.Net profit showed a marginal rise at Rs. 2272.66 millions for the quarter ended June 2023, as compared to corresponding quarter of last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 12661.66 10994.39 15.16 12661.66 10994.39 15.16 47143.37 41047.79 14.85
Other Income 1914.84 2175.37 -11.98 1914.84 2175.37 -11.98 8103.59 7590.84 6.75
Interest Expended 7436.24 5745.27 29.43 7436.24 5745.27 29.43 25515.41 21882.90 16.60
Operating Expenses 2997.59 2997.59 1.51 2997.59 2953.05 1.51 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 1520.00 1520.00 0.00 1520.00 1520.00 0.00 6405.00 6101.46 4.97
Tax 350.00 700.00 -50.00 350.00 700.00 -50.00 2400.00 2250.00 6.67
PAT 2272.66 2251.44 0.94 2272.66 2251.44 0.94 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 32.72 40.67 -19.55 32.72 40.67 -19.55 38.56 38.86 -0.78
Peers
Company Name CMP
HDFC Bank 721.45
ICICI Bank 1352.45
Axis Bank 1245.00
Kotak Mahindra Bank 415.60
Indusind Bank 949.40
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