Public sector lender Vijaya Bank today said its net profit surged five fold to Rs 102.25 crore in the fourth quarter ended March 31, 2009 over the same period last year.
The bank had a net profit of Rs 17.80 crore in the quarter ended March 2008, Vijaya Bank said in a filing to the Bombay Stock Exchange.
Total income of the bank rose to Rs 1,622.28 crore for the quarter under review from Rs 1,263.17 crore in the same quarter last fiscal.
For the year ended March 31, the bank posted a net profit of Rs 262.46 crore, down 27.35 per cent from Rs 361.28 crore in the same period last fiscal.
Shares of Vijaya Bank settled at Rs 26.20, down 7 per cent on the BSE.