Karur Vysya Bank Q1 net profit down 17 per cent

Total income rose to Rs 1,429.46 crore during the period under review from Rs 1,109.81 crore a year-ago,the bank said in a filing to the BSE.

Net non-performing assets (NPAs) or bad loans increased to 0.5 per cent from 0.38 per cent during the first quarter of FY13.

Gross NPAs,however,decreased slightly to 1.51 per cent from 1.53 per cent a year earlier.

Shares of the bank at Rs 345 apiece on the BSE,down 5.41 per cent from the previous close.