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Equitas Small Finance Bank reports around 3-fold jump in Q2 net profit

01 Nov 2022 Evaluate

Equitas Small Finance Bank has reported results for second quarter ended September 30, 2022.

The bank has reported around 3-fold jump in its net profit at Rs 116.42 crore for Q2FY23 as compared to Rs 41.19 crore for the corresponding quarter previous year. Total income of the bank increased by 15.24 % to Rs 1,147.39 crore for the quarter under review as compared to Rs 995.69 crore for the same quarter in the previous year.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.

Peers
Company Name CMP
HDFC Bank 739.00
ICICI Bank 1339.50
Axis Bank 1242.50
Kotak Mahindra Bank 412.50
Indusind Bank 953.00
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