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The Economic Times
The Economic Times
Business
Ritesh Presswala

Karur Vysya Bank shares rally 6% after Q2 profit jumps 37% YoY

Karur Vysya Bank

Karur Vysya Bank shares rallied as much as 5.51% to hit an intraday high of Rs 364.70 on Friday after the private sector lender reported strong September quarter results, with net profit rising 37% year-on-year (YoY) and net interest income (NII) increasing 19%.

The bank reported a net profit of Rs 788 crore in Q2, up 37% from Rs 574 crore in the corresponding quarter of the previous fiscal year.

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