Private sector lender Karur Vysya Bank today reported a modest increase of 6.6 per cent in its net profit at Rs 113.88 crore for third quarter of 2014-15.
The bank had reported a net profit of Rs 106.82 crore in the same quarter of the previous fiscal.
Bank's total income during October-December period of current financial year rose to Rs 1,511.80 crore from Rs 1,403.61 crore in the year-ago period.
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On the asset quality front, the gross non-performing assets (NPAs) or the bad loans rose to 1.91 per cent of the total advances from 1.47 per cent year ago.
Net NPAs increased to 0.73 per cent.
Bank had made provisioning towards bad assets to the tune Rs 106.15 crore in third quarter, up from Rs 50.65 crore in the comparable period.
Karur Vysya scrips ended at 600.15 on BSE,1.19 per cent lower than previous close.
