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Karur Vysya Bank has posted 1% increase for Q1 at Rs 147.97 crore

Karur Vysya Bank has reported a 1.10 percent increase in the net profit at Rs 147.97 crore for the quarter ended June 30.

The net profit of the bank stood at Rs 146.35 crore during the corresponding quarter of last fiscal.

For the April-June quarter, the total income of the bank went up to Rs 1,620.38 crore from Rs 1,547.31 crore registered in the year ago period.

Its gross non performing assets (NPA) stood at 4.27 percent which is up 1.79 percent from the corresponding period of previous year.

The NPA also hiked to 2.85 percent from 0.79 percent earlier.

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