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AU Small Finance Bank reports 37% fall in Q3 net profit

29 Jan 2022 Evaluate

AU Small Finance Bank has reported results for third quarter ended December 31, 2021.

The bank has reported a fall of 36.94% in its net profit at Rs 302.05 crore for the quarter under review as compared to Rs 479.02 crore for the same quarter in the previous year. Total income of the bank decreased by 8.97% at Rs 1772.09 crore for Q3FY22 as compared Rs 1946.72 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October- December quarter of the current fiscal increased to 2.60%, as compared to 0.99% in the same quarter of the previous year.

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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