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Vysya Bank posts 38% decline in net - Views on News from Equitymaster
 
 
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  • Nov 3, 1999

    Vysya Bank posts 38% decline in net

    Vysya bank has posted a 38% decline in net profits for the half year ended 30th September 1999. The bank has suffered due to a sharp rise in expenditure.

      1HFY2000 1HFY1999 Change
    Income from operations 3,762 3,530 6.6%
    Other Income 663 520 27.5%
    Expenditure 3,978 3,577 11.2%
    Depreciation 45 44 3.4%
    Profit before Tax 181 293 -38.3%
    Tax - -  
    Profit after Tax 181 293 -38.3%
    Net profit margin 4.8% 8.3%  

     

     

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