RBL Bank reports 70% fall in Q3 consolidated net profit

RBL Bank Ltd. | Bank - Private | BFSI | BSE: 540065 | NSE: RBLBANK

23 Jan 2020 Evaluate

RBL Bank has reported results for third quarter ended December 31, 2019.

The bank has reported a fall of 68.94% in its net profit at Rs 69.95 crore for the quarter under review as compared to Rs 225.19 crore for the same quarter in the previous year. However, total income of the bank increased by 31.36% at Rs 2644.30 crore for Q3FY20 as compared Rs 2012.99 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a fall of 69.98% in its net profit at Rs 66.49 crore for the quarter under review as compared to Rs 221.51 crore for the same quarter in the previous year. However, total income of the bank increased by 34.79% at Rs 2713.41 crore for Q3FY20 as compared Rs 2013.04 crore for the corresponding quarter previous year.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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