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.
Net interest income was up 15.6 percent at Rs 1,165.5 crore against Rs 1,008.4 crore, YoY.
The gross NPA of the company fell at 5.86 percent versus 6.19 percent, while net NPA at 3.81 percent versus 4.10 percent, QoQ.
In the absolute figure the company's gross NPA was down at Rs 7,557 crore against Rs 7,579 crore. The net NPA was down at Rs 4810.2 crore against Rs 4,903.9 crore, QoQ.
Provisions were down at Rs 588.6 crore against Rs 659.4 crore, QoQ and Rs 458.1 crore, YoY.
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