Karur Vysya Bank - Q4FY13 Result Update - Nirmal Bang

- Result is ok

- The bank reported 0.6% QoQ and 18.9% YoY to Rs 310.3 cr

- PBP increased 13.1% QoQ and 12.6% YoY

- Though Gross NPA declined 19.1% QoQ, net NPA increased 6.8% QoQ

- The stock is trading at 1.75x P/ABV

Source : Equity Bulls

Keywords