ING Vysya Bank has announced that its net profit soared 39.5% to Rs.127.4 crore in the March quarter, 2012 as against Rs.91.3 crore in the same period of the last financial year.
The total income surged Rs.1,258.3 crore during the quarter ended March 2012 from Rs.947.4 crore in the corresponding period of the last financial year.
In the financial year 2011-12, the lender has reported a rise of 43.3% in its net profit at Rs.318.4 crore as compared to the preceding financial year. The total income of the bank surged 35.1% to Rs.4,526.4 crore in the financial year 2011-12 from Rs.3,348.6 crore in the previous financial year.
The shares of ING Vysya Bank were down 4.65% to Rs.356.50 per share during the last trade on BSE. The scrip has touched a 52 week high of Rs.379 per share in the Mumbai market