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Karur Vysya Bank - Quaterly Results

16 Oct 2023 Evaluate
The sales surged to Rs. 19970.80 millions, up 26.44% for the September 2023 quarter as against Rs. 15794.80 millions during the corresponding quarter previous year.Profit after tax for the quarter ended September 2023 reported a huge growth of 51.24% to Rs. 3784.50  millions from Rs. 2502.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 19970.80 15794.80 26.44 38799.90 30530.10 27.09 65165.50 55876.70 16.62
Other Income 3388.90 2415.70 40.29 6720.50 4406.40 52.52 11589.40 7690.60 50.70
Interest Expended 10817.00 7581.30 42.68 20675.40 14857.80 39.16 31677.40 28723.00 10.29
Operating Expenses 6163.60 6163.60 25.63 11981.70 9600.80 24.80 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 1264.10 2271.90 -44.36 2858.30 3818.30 -25.14 10389.30 6992.90 48.57
Tax 1330.50 949.00 40.20 2634.20 1869.80 40.88 3307.70 2576.50 28.38
PAT 3784.50 2502.30 51.24 7370.80 4789.80 53.89 11060.90 6732.70 64.29
Equity 1605.30 1600.90 0.27 1605.30 1600.90 0.27 1604.10 1600.00 0.26
OPM 31.94 36.23 -11.85 33.15 34.32 -3.40 37.99 29.18 30.22
Peers
Company Name CMP
HDFC Bank 722.85
ICICI Bank 1356.60
Axis Bank 1239.50
Kotak Mahindra Bank 412.45
Indusind Bank 967.10
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