Vijay Bank net up 36 percent in second quarter
October 29th, 2009 - 7:55 pm ICT by IANS ( Leave a comment )Bangalore, Oct 29 (IANS) State-run Vijaya Bank posted a net profit of Rs.108 crore for the second quarter this fiscal as against Rs.79 crore earned in the like period last fiscal, registering a 36 percent growth year-on-year (YoY).
In a regulatory filing, the Bangalore-based bank Thursday said its total income for the quarter under review increased Rs.1,457 crore YoY.
Other income increased to Rs.120 crore from Rs.75 crore, largely due to a steep jump in trading profit during the quarter to Rs.32 crore from Rs.3 crore a year ago.
Operating profit, however, grew a robust 55 percent to Rs.234 crore from Rs.150 crore in the corresponding quarter last fiscal, while net interest income increased 35 percent.
“This is the fifth successive quarter in which we have clocked strong numbers in net interest income,” bank chairman and managing director Albert Tauro told reporters later.
- Vijaya Bank net profit up 22 percent - Jan 24, 2011
- Vijaya Bank net up 21 percent in first quarter - Jul 22, 2010
- Infosys net up 33 percent in third quarter - Jan 12, 2012
- Syndicate Bank quarterly net up 72 percent - May 12, 2011
- Canara Bank net up 79 percent in fourth quarter - May 05, 2011
- MindTree net plunges 53 percent in fiscal 2010-11 - Apr 21, 2011
- Infosys net profit up 9.7 percent in fiscal 2010-11 - Apr 15, 2011
- Infosys net profit up 16 percent in first quarter - Jul 12, 2011
- Infosys net up 17 percent in Q4 - Apr 15, 2011
- Sonata Software net dips 64 percent in second quarter - Nov 04, 2011
- Infosys net up 10 percent in second quarter - Oct 12, 2011
- Canara Bank net zooms 83 percent in first quarter - Jul 17, 2010
- MindTree net dips 72 percent in first quarter - Jul 19, 2010
- Infosys beats guidance, revises outlook again - Oct 12, 2011
- Wipro net profit up 10 percent in third quarter - Jan 20, 2012
Tags: crore, interest income bank, managing director, net interest, net profit, operating profit, rs 120, second quarter, tauro, yoy
