Karur-based Karur Vysya Bank (KVB) has reported a net profit of 18 per cent to Rs 83.82 crore during the quarter ended March 31, 2009 as compared to Rs 70.54 crore, a year ago.
Total income rose to Rs 435.19 crore from Rs 354.20 crore last year.
Income on investments rose by 15 per cent to Rs 68.92 crore from Rs 59.94 crore.
Bank's board of directors has recommended dividend of 120 per cent.
