City Union Bank Q2 net up 25.8%

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SummaryThe total income for the second quarter ending September 30, rose to Rs 460.24 cr.

Private sector lender City Union Bank today reported 25.8 per cent jump in net profit to Rs 77.52 crore for the second quarter ending September 30.

For the half-year this fiscal (April-September), the net profit of the Kumbakonam-based bank rose to Rs 136.03 crore, from Rs 105.95 crore in the same period of 2010-11, said the company statement.

The total income for the second quarter ending September 30, rose to Rs 460.24 crore, as against Rs 336.08 crore.

For the half-year ending September 30, the total income grew to Rs 877.26 crore as against Rs 635.42 crore recorded during the same period of previous year.

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