The city-headquartered bank had reported a net profit of Rs.142.59 crore in the corresponding period last year. Net interest income of the bank increased from Rs.662.23 crore for June 2015 quarter to Rs.782.64 crore for April-June period of 2016, registering a growth of 18.18%. Operating profit for the quarter ended June 2016 increased from Rs.392.75 crore to Rs.458.73 crore registering a growth of 16.80%. Bengaluru: Public sector Vijaya Bank on Friday reported a 13.37% increase in net profit to Rs.161.66 crore for the first quarter ended 30 June on account of improved net interest margins. Total income rose marginally to Rs.3,295.05 crore during the first quarter, as against Rs.3,289.05 crore in the year-ago period.
Source: Mint July 22, 2016 18:34 UTC