Ujjivan Small Finance Bank has reported results for first quarter ended June 30, 2020.
The Bank has reported 42.16% fall in its net profit at Rs 54.65 crore for the quarter under review as compared to Rs 94.48 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.85% at Rs 774.98 crore for Q1FY21 as compared Rs 705.50 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 0.97%, as compared to 0.84% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.18% in Q1FY21.