RBL Bank has reported results for fourth quarter and year ended March 31, 2021.
The bank has reported a fall of 34.12% in its net profit at Rs 75.34 crore for the quarter under review as compared to Rs 114.36 crore for the same quarter in the previous year. Total income of the bank decreased by 3.62 % at Rs 2,610.83 crore for Q4FY21 as compared Rs 2,708.77 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a fall of 34.05% in its net profit at Rs 75.74 crore for the quarter under review as compared to Rs 114.85 crore for the same quarter in the previous year. Total income of the bank decreased by 2.80% at Rs 2,704.90 crore for Q4FY21 as compared Rs 2,782.77 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the bank has reported a marginal rise of 0.42% in its net profit at Rs 507.78 crore as compared to Rs 505.67 crore for the previous year. However, total bank of the company decreased by 1.46% at Rs 10,272.38 crore for year under review as compared to Rs 10,424.63 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the bank has reported a rise of 5.86% in its net profit at Rs 529.47 crore as compared to Rs 500.18 crore for the previous year. However, total income of the bank decreased by 0.81% at Rs 10,609.87 crore for year under review as compared to Rs 10,696.69 crore for year ended March 31, 2020.
