Date:17/07/2005 URL: http://www.thehindubusinessline.com/2005/07/17/stories/2005071701510201.htm

Back Lord Krishna Bank's net at 7.66 cr

Our Bureau

NEW DELHI: Lord Krishna Bank has registered a net profit of Rs 7.66 crore for the quarter ended June 30, 2005.

The operating profit of the bank has risen three-fold during the quarter to Rs 10.16 crore compared to Rs 2.90 crore during the corresponding period in the previous fiscal.

The bank has reduced its net NPAs to 4.12 per cent compared to 6.85 per cent as on June 30, 2004. The capital adequacy ratio of the bank stood at 13.07 per cent.

The networth of the bank has gone up to Rs 167.78 crore at the end of the quarter as against Rs 160.12 crore on March 31, 2005.