Ujjivan Small Finance Bank Results Analyzed

Ujjivan Small Finance Bank had a really good quarter. Their income and profits increased significantly. This shows the bank is doing well and growing its business.

Key Points

• Total Operating Income jumped 10.11% to Rs 1751.92 crore.
• Net profit soared 70.98% to Rs 185.72 crore this quarter.
• Operating income increased from Rs 1591.07 crore last quarter.
• Profit Before Tax (PBDT) rose 79% to Rs 244.46 crore.
• Net Profit (NP) climbed 71% to Rs 185.72 crore compared to last.
• Strong financial performance indicates growth and improved bank health.

Financial Performance Breakdown

Let’s look closer at the numbers. The bank’s total operating income, which is the money they make from lending and other services, increased by 10.11% to Rs 1751.92 crore. This is higher than the previous quarter when it was Rs 1591.07 crore. This rise demonstrates stronger activity within the bank.

The bank’s profit after all expenses (Net Profit) also saw a big jump. It rose by 70.98% to Rs 185.72 crore, up from Rs 108.62 crore in the previous quarter. This suggests improved efficiency and profitability for the bank.

Also important is the Profit Before Tax (PBDT), which is the profit before deducting interest and taxes. This increased by 79% to Rs 244.46 crore. This highlights the bank’s core profitability.

Overall, these figures demonstrate solid growth and increased profitability for Ujjivan Small Finance Bank, reflecting positive developments within the organization.

Strong financial results signal a robust and promising future for Ujjivan Small Finance Bank.