Ujjivan Small Finance Bank reports 60% rise in Q1 net profit

Ujjivan Small Finance Bank Ltd. | Bank - Private | BFSI | BSE: 542904 | NSE: UJJIVANSFB

27 Jul 2023 Evaluate

Ujjivan Small Finance Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).

The Bank has reported 59.69% rise in its net profit at Rs 324.07 crore for the quarter under review as compared to Rs 202.94 crore for the same quarter in the previous year. Total income of the bank increased by 42.16% at Rs 1,464.10 crore for Q1FY24 as compared Rs 1,029.92 crore for the corresponding quarter previous year.

Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.

Peers

Company Name	CMP
HDFC Bank	718.85
ICICI Bank	1301.25
Axis Bank	1211.00
Kotak Mahindra Bank	402.00
Indusind Bank	907.85
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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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