Fino Payments Bank reports 75% rise in Q2 net profit

Fino Payments Bank Ltd. | Bank - Private | BFSI | BSE: 543386 | NSE: FINOPB

01 Nov 2022 Evaluate

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

The bank has reported rise of 74.90% in its net profit at Rs 13.80 crore for Q2FY23 as compared to Rs 7.89 crore for the corresponding quarter previous year. Total income of the bank increased by 25.27% to Rs 303.33 crore for the quarter under review as compared to Rs 242.15 crore for the same quarter in the previous year.

Fino Payments Bank is a scheduled commercial bank serving the emerging India market with its digital based financial services.

Peers

Company Name	CMP
HDFC Bank	740.20
ICICI Bank	1338.80
Axis Bank	1247.50
Kotak Mahindra Bank	416.75
Indusind Bank	963.15
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.