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ING Vysya Bank Q1 net profit up at Rs 40.63 cr

Published on Mon, Jul 21, 2008 at 17:21 , Updated at Tue, Jul 22, 2008 at 09:13
Source : CNBC-TV18

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ING Vysya Bank has announced its first quarter results. The company's Q1 sandalone net profit was up at Rs 40.63 crore versus Rs 25.32 crore, (YoY).

Its standalone NII was up at Rs 157.97 crore versus Rs 136.61 crore, (YoY).

Particulars Jun-08 Mar-08 Dec-07 Sep-07
Interest Earned / Operating Income 478.38 450.55 437.69 453.47
Interest on Advance 376.19 345.32 326.43 312.9
Income on Investment 98.62 88.45 89.99 87.63
Interest on Balances 3.36 4.07 4.12 6.94
Others Interests 0.21 12.71 17.15 46
Other Income 127.88 118.59 90.37 70.83
Total Income 606.26 569.14 528.06 524.3
Interest Expended -320.41 -310.04 -281.82 -315.3
Operating Expenses -181.19 -171.48 -146.15 -146.5
Payment/Provisions for Employees -91.44 -89.49 -75.59 -69.25
Other Operating Expenses -89.75 -81.99 -70.56 -77.25
Total Expenditure for Banks -501.6 -481.52 -427.97 -461.8
Profit before Tax 104.66 87.62 100.09 62.5
Tax -22.6 -22.6 -29.6 -26.29
Provisions and Contingencies -41.43 -22.14 -27.74 9.77
Net Profit 40.63 42.88 42.75 45.98
Equity Capital 102.49 102.47 102.39 91.04

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