Vijaya Bank net slips 25%

BS 200 SCORECARD

Vijaya Bank has registered a 25.5 per cent decline in net profit to touch Rs 71.43 crore for the second quarter ended September 30, 2004, when compared to the corresponding quarter last year.

During the same period, the bank's total income has also declined by 6.1 per cent to clock Rs 592.83 crore. Return on assets for the quarter has gone down to 1.15 per cent from 1.9 per cent in the corresponding quarter of last year.

For the half year ended September 30, 2004, the bank has registered a 4.41 per cent decline in net profit and 2.5 per cent decline in income to clock Rs 168.98 crore and Rs 1,203.33 crore, respectively, when compared to the corresponding period last year.