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State-owned Vijaya Bank today recorded 39.3% decline in net profit at Rs 135.84 crore for the fourth quarter ended March, 2014.
The bank had a net profit of Rs 224.15 crore in the January-March quarter of 2012-13 fiscal, Vijaya Bank said in a filing to the BSE.
Total income of the bank increased to Rs 3,029.34 crore in the January-March quarter, as against Rs 2,680.20 crore in the year-ago period.
For the entire 2013-14, the bank's net profit slipped by 28.8% to Rs 416.91 crore, compared to Rs 585.61 crore in the previous fiscal.
However, the total income of last fiscal jumped to Rs 11,416.42 crore from Rs 9,658.88 crore in 2012-l3.
As far as asset quality of the bank is concerned, the gross NPAs as a percentage to total advances rose to 2.41% from 2.17% in the same quarter an year ago.
Its net NPAs also increased to 1.55%, from 1.30% at the end of March 2013.
The board of the bank has proposed a final dividend of 10% or Re 1 per share of face value of Rs 10 for 2013-2014.
Vijaya Bank scrip was trading at Rs 41.55, up 0.73%, in the afternoon trade on the BSE.
