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State Bank of Mysore, an associate of SBI, today reported a 25.81 per cent increase in its profit at Rs 94.07 crore for the first quarter ended June 30.
The bank had posted a net profit of Rs 74.77 crore in the corresponding first quarter of the previous fiscal.
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Total income increased to Rs 1,951.65 crore during the quarter from Rs 1,867.73 crore in the same period of last fiscal, the bank said in a BSE filing.
Gross NPAs as a percentage of total advances declined to 4.21 per cent during the quarter under review from 5.13 per cent in the same quarter a year ago.
The net NPAs also eased to 2.10 per cent from 2.72 per cent at the end of June 2014.
Shares of State Bank of Mysore were trading at Rs 481.10 per unit, up 3.91 per cent.
