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Ujjivan Small Finance Bank reports 4% rise in Q2 net profit

09 Nov 2020 Evaluate

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

The Bank has reported 3.64% marginal rise in its net profit at Rs 96.00 crore for the quarter under review as compared to net profit of Rs 92.63 crore for the same quarter in the previous year. Total income of the Bank increased by 12.15% at Rs 818.01 crore for Q2FY21 as compared Rs 729.36 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July- September quarter of the current fiscal increased to 0.98%, as compared to 0.85% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.14% in Q2FY21.

Peers
Company Name CMP
HDFC Bank 718.85
ICICI Bank 1301.25
Axis Bank 1211.00
Kotak Mahindra Bank 402.00
Indusind Bank 907.85
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