/ Vijaya Bank’s Q2 Net Profit Rises 20% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 26 October 2017

Vijaya Bank has reported results for second quarter ended September 30, 2017.
The Bank has reported 20% rise in its net profit at Rs 185.46 crore for the quarter under review as compared to Rs 154.55 crore for the same quarter in the previous year. However, total income of the Bank decreased marginally by 0.43% at Rs 3501.31 crore for Q2FY18 as compared Rs 3516.57 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July-September quarter of the current fiscal improved to 7.06%, as compared to 7.07% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 4.86% in Q2FY18.

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