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AU Small Finance Bank reports 87% rise in Q2

29 Oct 2020 Evaluate

AU Small Finance Bank has reported results for second quarter ended September 30, 2020.

The bank has reported 87.20% rise in its net profit of Rs 321.88 crore for the quarter under review as against net profit of Rs 171.94 crore for the same quarter in the previous year. Total income of the bank increased 26.51% at Rs 1498.15 crore for Q2FY21 as compared Rs 1184.21 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July-September quarter of the current fiscal improved to 1.54%, as compared to 2.01% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.45% in Q2FY21.

Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
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