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RBL Bank reports many fold jump in Q2 consolidated net profit

25 Oct 2022 Evaluate

RBL Bank has reported results for second quarter ended September 30, 2022.

The bank has reported over 6-fold jump in its net profit at Rs 201.55 crore for Q2FY23 as compared to Rs 30.80 crore for the corresponding quarter previous year. Total income of the bank increased by 7.45% to Rs 2,758.98 crore for the quarter under review as compared to Rs 2,567.65 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported over 19-fold jump in its its net profit at Rs 187.51 crore for the quarter under review as compared to Rs 9.72 crore for the same quarter in the previous year. Total income of the bank increased by 8.34% to Rs 2,848.31 crore for the quarter under review as compared to Rs 2,629.08 crore for the same quarter in the previous year. 
  

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