For the entire FY13, the bank posted a net profit of R618.19 crore, down 79.34% y-o-y. The bank posted a net profit of R1,108.67 crore in FY12.
Total income of the bank for the fourth quarter in FY13 increased 7.36% y-o-y to R4,527.06 crore from R4,216.63 crore during the corresponding previous fiscal.
Total income for the full year in FY13 increased 13.50% y-o-y to R17,703 .88 crore from R15,597.92 crore in the previous fiscal.
The banks net profit dipped mainly due to higher provisioning in the final quarter of the fiscal. Provisioning increased to R977 crore during the last quarter of the fiscal from R456 crore during the corresponding period previous fiscal.
The banks gross NPA during the quarter under review increased to R7,130.09 crore from R4,086.20 crore during the same period a year ago.
Gross NPA of the bank increased to 5.42% in the last quarter of the fiscal under review from 3.48% during the corresponding period previous fiscal.
The banks net NPA during the quarter increased to 3.17% from 1.96% during the same period a year ago.