CITY UNION BANK Q2 : STANDALONE NET PROFIT UP 26.6% AT ₹415.91 CR (YOY), UP 21.4% (QOQ). STRONG (ON 1ST LOOK)

Total income up 27.7% at ₹2,442.46 Cr (YOY), up 9.6% (QOQ). Operating profit up 38.3% at ₹650.91 Cr (YOY), up 12.1% (QOQ). Gross NPA 1.44% v 2.42% (YOY); net NPA 0.48% v 0.90% (YOY). Capital adequacy ratio 27.26% v 21.68% (YOY).

City Union Bank Ltd

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