Karur Vysya Bank dips 5% post Q4 numbers
The gross NPA was at 8.79 percent, while net NPA at 4.98 percent, QoQ. The share price of Karur Vysya Bank declined 5 percent intraday Wednesday after the company reported mixed set of numbers for the quarter ended March 2019.
The company's Q4FY19 net profit rose 18.7 percent at Rs 60 crore against Rs 50.6 crore, while net interest income (NII) was down 3.7% at Rs 619.2 crore versus Rs 643 crore, YoY
The gross NPA was at 8.79 percent, while net NPA at 4.98 percent, QoQ.
The company's other income was up at Rs 272.4 crore versus Rs 208.6 crore.
At 12:28 hrs Karur Vysya Bank was quoting at Rs 75.85, down Rs 3.65, or 4.59 percent on the BSE.
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