Karur Vysya Bank, the private sector lender, on Friday reported a marginal rise of 1.47% in its net profit for the quarter ended Jun. 30, 2014. The bank earned a profit of Rs 1.22 billion for the quarter ended Jun. 30, 2014.

The bank's quarterly income totaled at Rs 14.62 billion, an increase of 2.31% over Rs 14.30 billion in the same period a year ago.

The bank has made provision of Rs 864.2 million, which was lower by 47.03% from prior year period.

Net NPA was at Rs 1.82 billion for the quarter ended Jun. 30, 2014, as compared to Rs 1.55 billion in the same period last year, representing an increase of 18.09%.

In percentage term, net NPAs were at 0.53% at the end of the quarter, Jun. 30, 2014, up from 0.50% for last year period.

Capital adequacy ratio (CAR) under Basel III of the bank was at 12.49% as on Jun. 30, 2014.

Shares of the bank declined Rs 4.75, or 0.98%, to trade at Rs 480. The total volume of shares traded was 42,443 at the BSE (3.34 p.m., Friday).