Its stock closed higher by 0.5 per cent to Rs 381.45 crore on Bombay Stock Exchange.
The bank’s total income for the first quarter went up by 12.52 per cent to 'Rs 1,869.05 cr from Rs 1,661.04 crore in the same quarter in 2012-13. Net interest income recorded an increase of 3.66 per cent to reach Rs 509.61 crore, the Kochi-based bank said in a statement.
The provisions for bad loan and contingencies shot up to Rs 245.10 crore in Q1, from Rs 62.78 crore in April-June 2012.
Its net interest margin was 3.13 per cent in Q1. The gross non-performing assets (NPAs) 3.51 per cent at end of June 2013.
The capital adequacy ratio was at 14.27 per cent (Basel-III).
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