Ujjivan Small Finance Bank has reported results for third quarter ended December 31, 2019.
The Bank has reported 97.88% rise in its net profit at Rs 89.66 crore for the quarter under review as compared to Rs 45.31 crore for the same quarter in the previous year. Total income of the Bank increased by 52.94% at Rs 781.31 crore for Q3FY20 as compared Rs 510.87 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 0.95%, as compared to 1.41% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.38% in Q3FY20.
