AU Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.
AU Small Finance Bank has reported 22.70% rise in its net profit at Rs 424.63 crore for the quarter under review as compared to Rs 346.07 crore for the same quarter in the previous year. Total income of the bank increased by 31.82% at Rs 2,607.91 crore for Q4FY23 as compared to Rs 1,978.41 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported 26.38% rise in its net profit at Rs 1,427.93 crore as compared to Rs 1,129.83 crore for the previous year. Total income of the bank increased by 33.61% at Rs 9,239.87 crore for year under review as compared to Rs 6,915.42 crore for year ended March 31, 2022.