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RBL Bank reports 94% fall in Q2 consolidated net profit

29 Oct 2021 Evaluate

RBL Bank has reported results for second quarter ended September 30, 2021.

The bank has reported 78.63% fall in its net profit at Rs 30.80 crore for the quarter under review as compared to net profit of Rs 144.16 crore for the same quarter in the previous year. However, total income of the bank increased by 2.10% at Rs 2567.65 crore for Q2FY22 as compared Rs 2514.88 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 93.62% fall in its net profit of Rs 9.72 crore for the quarter under review as against net profit of Rs 152.43 crore for the same quarter in the previous year. However, total income of the bank increased by 1.30% at Rs 2629.08 crore for Q2FY22 as compared Rs 2595.30 crore for the corresponding quarter previous year.

RBL Bank Share Price

315.75 -0.25 (-0.08%)
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