Vijaya Bank today posted a 54% increase in net profit to Rs 111.36 crore for the first quarter ended June 30, 2012.
It had posted a net profit of Rs 72.22 crore for the same quarter last fiscal, state-run Vijaya Bank said in a filing to the BSE.
The total income of the bank increased 18.7% in the April-June quarter to Rs 2,319.94 crore from Rs 1,953.40 crore in the year-ago period.
The interest income of the bank rose to Rs 2,197.31 crore during the reporting quarter from Rs 1,784.95 crore in the first quarter of the previous fiscal.
Bangalore-based bank's gross non-performing assets (NPAs) rose to 2.85% during the quarter ended June 30 from 2.83% in the same quarter year-ago.