PSU lender Vijaya Bank today reported a 58% decline in its net profit to Rs 72 crore for the first quarter ended June 30, 2011.
The bank had registered a net profit of Rs 173.5 crore in the corresponding period last year.
Total income has increased to Rs 1,953 during the April-June quarter, from Rs 1,520 crore in the same period previous fiscal, Vijaya Bank said in a filing to the Bombay Stock Exchange (BSE).
Shares of Vijaya Bank were trading at Rs 64 in the afternoon trade on the BSE, down 5% from its previous close.
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