RBL Bank reported results for fourth quarter (Q4) and year ended March 31, 2023.
RBL Bank has reported 37.01% rise in its net profit at Rs 271.05 crore for the quarter under review as compared to Rs 197.83 crore for the same quarter in the previous year. Total income of the bank increased by 19.98% at Rs 3,170.32 crore for Q4FY23 as compared to Rs 2,642.31 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 81.20% rise in its net profit at Rs 298.57 crore for fourth quarter ended March 31, 2023 as compared to Rs 164.77 crore for the same quarter in the previous year. Total income of the bank increased by 21.61% at Rs 3,299.97 crore for Q4FY23 as compared to Rs 2,713.65 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported net profit at Rs 882.73 crore as against net loss of Rs 74.74 crore for the previous year. Total income of the bank increased by 10.49% at Rs 11,619.28 crore for year under review as compared to Rs 10516.32 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the bank has reported net profit at Rs 919.54 crore as against net loss of Rs 166.15 crore for the previous year. Total income of the bank increased by 11.67% at Rs 12,056.48 crore for year under review as compared to Rs 10,796.37 crore for year ended March 31, 2022.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
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