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THE LAKSHMI VILAS BANK LTD. UNAUDITED WORKING RESULTS FOR THE NINE MONTHS PERIOD ENDED DECEMBER-2012. FY13 - Q3 HIGHLIGHTS – (Q-O-Q BASIS). OPERATING PROFIT INCREASED BY 46.83% ON Q-O-Q BASIS (FROM ` 48.11 Crores for Q3 - 2011 TO `70.64 Crores for Q3-2012).
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THE LAKSHMI VILAS BANK LTD UNAUDITED WORKING RESULTS FOR THE NINE MONTHS PERIOD ENDED DECEMBER-2012
FY13 - Q3 HIGHLIGHTS – (Q-O-Q BASIS) • OPERATING PROFIT INCREASED BY 46.83% ON Q-O-Q BASIS (FROM `48.11 Crores for Q3 - 2011 TO `70.64 Crores for Q3-2012). • NET PROFIT INCREASED BY 10.44% ON Q-O-Q BASIS (FROM `28.35 Crores for Q3-2011 TO `31.31 Crores for Q3-2012) • NET INTEREST INCOME AT`107.13 CRORES INCREASED BY 18.22% (Q3-2011 `90.68 CRORES). • NIM INCREASED TO 2.86% (Q3-2011 2.73%).
PERFORMANCE HIGHLIGHTS – BUSINESS GROWTH • TOTAL BUSINESS OF THE BANK ROSE TO `25830.49 Crores AS AT DECEMBER 2012, RECORDING A Y-O-Y GROWTH OF 14.17%. • TOTAL DEPOSITS GREW BY 11.28%, ADVANCES BY 18.27% ON Y-O-Y BASIS.
