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COIMBATORE: Karur Vysya Bank's net profit increased by Rs 3.6 crore to Rs 34.1 crore during the first quarter of this year from Rs 30.50 crore during the corresponding quarter of the previous fiscal, clocking a year-on-year growth of 11.8 per cent.

While the interest income on advances and bills rose to Rs 100.09 crore (Rs 90.93 crore), the total interest income dipped to Rs 152.19 crore (Rs 166.79 crore) and the total income slipped to Rs 174.90 crore (Rs 181.12 crore).

Deposits, on the other hand, increased to Rs 5,652.46 crore (Rs 5,054.34 crore) and gross advances from Rs 3,158.67 crore in the first quarter of 2003 to Rs 3,797.47 crore for the quarter ended June 30, 2004.

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