RBL Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
The Bank has reported 43.22% rise in its net profit at Rs 288.11 crore for the quarter under review as compared to Rs 201.16 crore for the same quarter in the previous year. Total income of the bank increased by 24.51% at Rs 3365.26 crore for Q1FY24 as compared Rs 2702.91 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 53.12% rise in its net profit at Rs 319.49 crore for the quarter ended June 30, 2023 as compared to Rs 208.66 crore for the same quarter in the previous year. Total income of the bank increased by 24.61% at Rs 3509.76 crore for Q1FY24 as compared Rs 2816.52 crore for the corresponding quarter previous year.