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Karur Vysya Bank Q3 net up four-fold to Rs 185 crore on flattish revenue

Net interest income up 18% to Rs 687 cr; gross NPAs down to 6.97% from 7.37% in the year-ago quarter

Karur Vysya Bank
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BS Reporter Chennai
Karur Vysya Bank (KVB) has posted a four-fold rise in net profit during the third quarter of the financial year 2021-22 to Rs 185 crore as compared to Rs 35 crore during the same period last fiscal.

The bank's total income during the quarter was down marginally to Rs 1,600 crore as against Rs 1,614 crore during the same quarter in 2020-21. Operating profit for the quarter stood at Rs 402 crore – up by Rs 133 crore from Rs 269 crore for Q3 of the previous year.

Net interest income for the quarter improved by 18 per cent to Rs 687

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First Published: Jan 31 2022 | 7:04 PM IST

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