New Delhi: country-owned Vijaya financial institution on Thursday mentioned a 26% decline in netearnings to Rs.seventy one.31 crore for the March quarter.
The bank had a net profit of Rs.96.80 crore in the January-March region of 2014-15 financial, Vijayafinancial institution said in a BSE submitting.
general profits of the bank declined to Rs.3,228.forty eight crore inside the January-March region of the 2015-sixteen monetary as towards Rs.three,408.12 crore within the yr–in the past period.
For whole 2015-sixteen fiscal, the financial institution’s internet income slipped to Rs.381.eighty crorein comparison with Rs 439.41 crore inside the preceding financial. the total profits additionally declined to Rs.12,957.44 crore in the course of the economic from Rs.13,152.forty nine crore in 2014-l5.
As some distance as asset great of the financial institution is involved, the gross non appearingproperty (NPAs) as a percentage of overall advances rose to 6.sixty four% from 2.78% in the equalquarter a 12 months in the past. Its net NPAs additionally elevated to 4.eighty one% as against 1.ninety two% on the cease of March 2015.
