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The Karur Vysya Bank Clocks Gains in Fiscal Q4 Net Profit

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-- The Karur Vysya Bank (NSE:KARURVYSYA, BOM:590003) recorded a rise in its net profit to 7.25 billion Indian rupees in the fiscal fourth quarter ended March 31, against 5.13 billion rupees a year ago.

Earnings per share climbed to 7.50 rupees compared with the year-ago figure of 5.31 rupees, according to a Thursday filing to the Indian stock exchanges.

Interest earned by the lender in fiscal Q4 also increased to 29.0 billion rupees from 25.2 billion rupees a year earlier.

Karur Vysya's board recommended a dividend of 2.60 rupees per equity share of face value 2 rupees each for the financial year ended March 31.

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