Moneycontrol PRO
HomeNewsBusinessMarketsKarur Vysya Bank Q1 net profit jumps 59% to Rs 73 crore

Karur Vysya Bank Q1 net profit jumps 59% to Rs 73 crore

It net NPA was down at Rs 2,322 crore versus Rs 2,420 crore, QoQ

July 24, 2019 / 11:35 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Karur Vysya Bank has reported 58.8 percent jump in its Q1FY20 net profit at Rs 72.9 crore against Rs 46 crore in the same quarter last fiscal.

    Net interest income of the company was at Rs 584 crore against Rs 583.6 crore.

    The company’s gross NPA was up 9.17 percent against 8.79 percent, while net NPA was at 4.94 percent against 4.98 percent, QoQ.

    In the absolute terms, the company’s gross NPA was at Rs 4,511 crore against Rs 4,450 crore, QoQ.

    Its net NPA was down at Rs 2,322 crore versus Rs 2,420 crore, QoQ.

    Provisions for the quarter stood at Rs 330 crore against Rs 352.3 crore, QoQ and Rs 422.7 crore, YoY.

    Moneycontrol News
    first published: Jul 24, 2019 11:35 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347