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RBL Bank reports 17% fall in Q3 consolidated net profit

28 Jan 2022 Evaluate

RBL Bank has reported results for third quarter ended December 31, 2021.

The Bank has reported a rise of 6.15% in its net profit at Rs 156.10 crore for the quarter under review as compared to Rs 147.06 crore for the same quarter in the previous year. Total income of the Bank increased by 3.12% at Rs 2,664.07 crore for Q3FY22 as compared Rs 2,583.45 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported a fall of 17.20% in its net profit at Rs 121.61 crore for the quarter under review as compared to Rs 146.88 crore for the same quarter in the previous year. However, total income of the Bank increased by 2.53% at Rs 2,727.28 crore for Q3FY22 as compared Rs 2,659.90 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 713.00
ICICI Bank 1345.00
Axis Bank 1238.05
Kotak Mahindra Bank 417.00
Indusind Bank 960.00
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