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Ujjivan Small Finance Bank reports net loss of Rs 279 crore in Q3FY21

04 Feb 2021 Evaluate

Ujjivan Small Finance Bank has reported results for third quarter ended December 31, 2020.

The Bank has reported net loss at Rs 278.83 crore for the quarter under review as compared to net profit at Rs 89.66 crore for the same quarter in the previous year. However, total income of the Bank increased by 0.95% at Rs 788.75 crore for Q3FY21 as compared Rs 781.31 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 0.96%, as compared to 0.95% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.05% in Q3FY21.

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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