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RBL Bank turns black in Q1

22 Jul 2022 Evaluate

RBL Bank has reported results for first quarter ended June 30, 2022.

The bank has reported net profit of Rs 201.16 crore for the quarter under review as compared to net loss of Rs 459.47 crore for the same quarter in the previous year. Total income of the bank increased marginally by 0.89% at Rs 2,702.91 crore for Q1FY23 as compared Rs 2,679.19 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported net profit of Rs 208.66 crore for the quarter under review as compared to net loss of Rs 462.25 crore for the same quarter in the previous year. Total income of the bank increased marginally by 1.93% at Rs 2,816.52 crore for Q1FY23 as compared Rs 2,763.26 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 715.40
ICICI Bank 1350.00
Axis Bank 1241.25
Kotak Mahindra Bank 415.50
Indusind Bank 960.45
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