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Vijaya Bank’s Q2 net profit jumps over 41%

31 Oct 2011 Evaluate

Vijaya Bank has reported results for the second quarter ended September 30, 2011.

The bank’s net profit for the second quarter of the current fiscal has grown 41.03% at Rs 203.53 crore as compared to Rs 144.31 crore for the corresponding quarter of the last year. The bank’s total income has surged 37.96% at Rs 2098.33 crore for the quarter under review as compared to Rs 1520.92 crore for the second quarter of the previous year.

The banks’ gross NPA stood at 2.54% for the quarter ended September 30, 2011 as compared to 2.44% in the quarter ended September 30, 2010. Its net NPA also rose at 1.42% in Q2FY12 as compared to 1.32% in Q2FY11.

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Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
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