Vijaya Bank Q1 net profit up by 32.73%

Vijaya Bank has posted a net profit of Rs 263.60 million for the quarter ended June 30, 2001 as against Rs 198.60 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 4010.60 million as against Rs 3685.40 million for the corresponding period last fiscal.

Vijaya Bank has posted a net profit of Rs 263.60 million for the quarter ended June 30, 2001 as against Rs 198.60 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 4010.60 million as against Rs 3685.40 million for the corresponding period last fiscal.

The Bank has reported that the working results for the quarter ended June 30, 2001 have been arrived after considering provision for NPAs, Income Tax, Wealth Tax, etc on an estimated basis.

Bureau Report

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