Vijaya Bank’s Q2 net profit jumps over 41%

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.