Karur Vysya Bank profit increased 26.05% in (Q1) FY 2020-21

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Team Infinities:

Karur Vysya Bank Limited NSE Symbol:KARURVYSYA, BSE Security Code:590003 has declared its 1st(first) quarter un-audited Standalone financial report from the month of April, 2020 to the month of June, 2020; for the fiscal year 2020-21.

Revenue Reported by Karur Vysya Bank Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
1693.23 1803.15 1762.37
Calculated Revenue of Karur Vysya Bank Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
109.92 6.10%(Revenue Decrease) 69.14 3.92%(Revenue Decrease)

Revenue: Karur Vysya Bank Limited's financial report shows that the bank's revenue decreased by 6.10% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.109.92 crores, as the bank posted revenue of Rs.1693.23 crores; in compare to previous quarter(January, 2020 - March, 2020) when the bank reported revenue of Rs.1803.15 crores.
The result also shows that the bank's revenue decreased by 3.92% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.69.14 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the bank posted revenue of Rs.1762.37 crores.

Profit and Loss Reported by Karur Vysya Bank Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
105.50(Profit ) 83.70(Profit ) 72.92(Profit )
Calculated Profit and Loss of Karur Vysya Bank Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
21.80 26.05%(Profit Increase) 32.58 44.68%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The bank's financial report shows that the bank's profit increased by 26.05% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit increase of Rs.21.80 crores, as the bank posted profit of Rs.105.50 crores; in compare to previous quarter(January, 2020 - March, 2020) when the bank reported profit of Rs.83.70 crores.
The result also shows that the bank's profit increased by 44.68% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit increase of Rs.32.58 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the bank posted profit of Rs.72.92 crores.

EPS Reported by Karur Vysya Bank Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
1.32 1.05 0.91
Calculated EPS of Karur Vysya Bank Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
0.27 25.71%(EPS Increase) 0.41 45.05%(EPS Increase)

EPS /Earning per Share: The bank's financial report shows that the bank's EPS increased by 25.71% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.27, as the bank posted EPS of Rs.1.32; in compare to previous quarter(January, 2020 - March, 2020) when the bank reported EPS of Rs.1.05.
The result also shows that the bank's EPS increased by 45.05% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.41; in compare to corresponding quarter(April, 2019 - June, 2019) when the bank posted EPS of Rs.0.91.

 


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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