MoneyWorks4Me

City Union Bank - Quaterly Results

20 May 2024 Evaluate
The company witnessed a 11.89% growth in the revenue at Rs. 13741.16 millions for the quarter ended March 2024 as compared to Rs. 12280.69 millions during the year-ago period.A humble growth in net profit of 16.87% reported in the quarter ended March 2024 to Rs. 2548.19  millions from Rs. 2180.43 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Interest Earned 13741.16 12280.69 11.89 52705.65 47143.37 11.80 52705.65 47143.37 11.80
Other Income 1752.28 1950.22 -10.15 7416.55 8103.59 -8.48 7416.55 8103.59 -8.48
Interest Expended 8275.42 7138.14 15.93 31471.01 25515.41 23.34 31471.01 25515.41 23.34
Operating Expenses 3699.84 3699.84 26.61 13483.89 11551.76 16.73 13483.89 11551.76 16.73
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 320.00 1590.00 -79.87 2860.00 6405.00 -55.35 2860.00 6405.00 -55.35
Tax 650.00 400.00 62.50 2150.00 2400.00 -10.42 2150.00 2400.00 -10.42
PAT 2548.19 2180.43 16.87 10157.31 9374.80 8.35 10157.31 9374.80 8.35
Equity 740.67 740.42 0.03 740.67 740.42 0.03 740.67 740.42 0.03
OPM 25.60 33.96 -24.61 28.78 38.56 -25.38 28.78 38.56 -25.38
Peers
Company Name CMP
HDFC Bank 719.00
ICICI Bank 1352.30
Axis Bank 1247.75
Kotak Mahindra Bank 416.00
Indusind Bank 949.50
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