The Bank's core net interest income moved up to Rs 130 cr V/s Rs 100 cr (Y-O-Y), while non-interest income was at Rs 46 cr V/s Rs 33 cr (Q-O-Q).
Overall provisions rose to Rs 14 cr from Rs 11 cr.
Gross non-performing assets ratio improved to 1.76% from 1.87% (Y-O-Y).
There was a slippage of Rs 65 cr from a ship-building company during the quarter, the bank holds quality collaterals against the assets.
The Bank Reported a 61% jump in March quarter net at Rs 63 cr , (Due to a deferred tax benefit and write-back in provisions for bad assets) V/s
Rs 39 cr (Y-O-Y).
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