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Ujjivan Small Finance Bank reports net profit of Rs 203 crore in Q1

26 Jul 2022 Evaluate

Ujjivan Small Finance Bank has reported results for first quarter ended June 30, 2022.

The bank has reported net profit at Rs 202.94 crore for the quarter under review as compared to net loss of Rs 233.48 crore for the same quarter in the previous year. Total income of the bank increased by 39.98% at Rs 1000.42 crore for Q1FY23 as compared to Rs 714.67 crore for the corresponding quarter previous year.  

Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.

Peers
Company Name CMP
HDFC Bank 718.85
ICICI Bank 1301.25
Axis Bank 1211.00
Kotak Mahindra Bank 402.00
Indusind Bank 907.85
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