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City Union Bank - Quaterly Results

27 Oct 2023 Evaluate
The revenue for the September 2023 quarter is pegged at Rs. 13040.47 millions, about 10.40% up against Rs. 11811.87 millions recorded during the year-ago period.Profit for the quarter ended September 2023 increased merely by1.50% to Rs. 2806.12  millions from Rs. 2764.54 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 13040.47 11811.87 10.40 25702.13 22806.26 12.70 47143.37 41047.79 14.85
Other Income 1820.68 1734.66 4.96 3735.52 3910.03 -4.46 8103.59 7590.84 6.75
Interest Expended 7656.24 6132.87 24.84 15092.48 11878.14 27.06 25515.41 21882.90 16.60
Operating Expenses 3338.78 3338.78 17.19 6336.37 5802.18 9.21 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 560.00 1050.00 -46.67 2080.00 2570.00 -19.07 6405.00 6101.46 4.97
Tax 500.00 750.00 -33.33 850.00 1450.00 -41.38 2400.00 2250.00 6.67
PAT 2806.12 2764.54 1.50 5078.78 5015.98 1.25 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 29.65 38.64 -23.28 31.16 39.62 -21.35 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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