Vijaya Bank Q2 profit falls 24 % to Rs 140 crore

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: State-owned Vijaya Bank Monday reported 24.54 per cent fall in net profit at Rs 139.94 crore for the quarter ended September 30,
2018
The bank had registered a net profit of Rs 185.46 crore in the corresponding quarter last year
Total income of the bank stood at Rs 3,931.36 crore for the reported quarter, up 12.28 per cent from Rs 3,501.31 crore in the year-ago
period, Vijaya Bank said in a BSE filing
The bank's gross non performing assets (NPA) ratio as on September 30, 2018 improved to 5.86 per cent against 7.06 per cent during the
corresponding period last year
Net NPA stood at 3.81 per cent as against 4.86 per cent last year
Shares of Vijaya Bank were trading 5.91 per cent higher at Rs 43 apiece on BSE
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