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RBL Bank reports 36% rise in Q3 net profit

28 Jan 2019 Evaluate

RBL Bank has reported results for third quarter ended December 31, 2018.

The Bank has reported 36.21% rise in its net profit at Rs 225.19 crore for the quarter under review as compared to Rs 165.33 crore for the same quarter in the previous year. Total income of the Bank increased by 42.87% at Rs 2012.99 crore for Q3FY19 as compared Rs 1409.01 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 1.38%, as compared to 1.56% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.72% in Q3FY19.

Peers
Company Name CMP
HDFC Bank 714.30
ICICI Bank 1355.00
Axis Bank 1254.45
Kotak Mahindra Bank 416.65
Indusind Bank 965.00
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