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City Union Bank reports 15% rise in Q4 net profit

City Union Bank has reported results for the fourth quarter and year ended March 31, 2019.

The bank has reported a rise of 15.11% in its net profit at Rs 175.11 crore for the quarter ended March 31, 2019 as compared to Rs 152.13 crore for the same quarter in the previous year. Total income of the bank increased by 14.23% at Rs 1,131.44 crore for quarter under review as compared to Rs 990.49 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the bank has posted a rise of 15.35% in its net profit at Rs 682.85 crore as compared to Rs 592.00 crore for the previous year. Total income of bank increased 8.82% at Rs 4,281.56 crore for year under review as compared to Rs 3,934.52 crore for year ended March 31, 2018.

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