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RBL Bank reports Profit after tax of Rs 2015.50 Mln, in the September 2022 quarter

22 Oct 2022 Evaluate
The September 2022 quarter revenue stood at Rs. 21756.60 millions, up 10.17% as compared to Rs. 19748.00 millions during the corresponding quarter last year.Net Profit witnessed a 554.38% growth almost the double from Rs. 308.00 millions to Rs. 2015.50  millions  of same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Interest Earned 21756.60 19748.00 10.17 42650.00 40006.30 6.61 81757.90 83290.20 -1.84
Other Income 5833.20 5928.50 -1.61 11968.90 12462.10 -3.96 23405.30 18840.40 24.23
Interest Expended 11112.50 10593.20 4.90 21728.60 21156.50 2.70 41490.50 45414.60 -8.64
Operating Expenses 11353.80 11353.80 38.91 22475.60 16740.70 34.26 36219.60 27545.80 31.49
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 2415.00 6514.90 -62.93 4945.00 20358.50 -75.71 28604.00 22279.40 28.39
Tax 693.00 86.90 697.47 1442.60 -1500.60 -196.13 -403.50 1813.00 -122.26
PAT 2015.50 308.00 554.38 4027.10 -4286.70 -193.94 -747.40 5077.80 -114.72
Equity 5995.20 5993.30 0.03 5995.20 5993.30 0.03 5995.10 5980.20 0.25
OPM 23.55 34.99 -32.70 24.42 36.42 -32.96 33.58 35.02 -4.12
Peers
Company Name CMP
HDFC Bank 717.35
ICICI Bank 1358.00
Axis Bank 1251.70
Kotak Mahindra Bank 415.00
Indusind Bank 962.50
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