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Fino Payments Bank reports 25% rise in Q4 net profit

03 May 2023 Evaluate

Fino Payments Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Fino Payments Bank has reported 25.31% rise in its net profit at Rs 22.08 crore for the quarter under review as compared to Rs 17.62 crore for the same quarter in the previous year. Total income of the bank increased by 13.37% at Rs 323.43 crore for Q4FY23 as compared to Rs 285.29 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the bank has reported 52.27% rise in its net profit at Rs 65.08 crore as compared to Rs 42.74 crore for the previous year. Total income of the bank increased by 21.91% at Rs 1,229.91 crore for year under review as compared to Rs 1,008.85 crore for year ended March 31, 2022.

Fino Payments Bank Share Price

142.40 2.85 (2.04%)
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