Vijaya Bank Q2 Net up 10.41 per cent at Rs 136.22 cr

Vijaya Bank Q2 Net up 10.41 per cent at Rs 136.22 cr

Vijaya Bank today reported a 10.41 per cent jump in its net profit at Rs 136.22 crore for the second quarter ended September 30, 2013.

The public sector bank had posted Rs 123.37 crore net profit in the July-September quarter of 2012-13.

The total income increased to Rs 2,813.66 crore in the second quarter of the current fiscal from Rs 2,301.72 crore in the corresponding period last year, the bank said in a

regulatory filing  to stock exchanges.

Gross non-performing assets (NPA) of Vijaya Bank dropped to 2.77 per cent in the period under review as against 3.17 per cent in July-September 2012. The net NPA, too, showed a decline to 1.75 per cent from 1.9 per cent.

The bank's share closed at Rs 42.15 apiece on the BSE today, down 0.71 per cent from the previous close.

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