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Equitas Small Finance Bank reports 70% rise in Q2 net profit

20 Oct 2023 Evaluate

Equitas Small Finance Bank has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The bank has reported 70.19% rise in its net profit at Rs 198.14 crore for the quarter under review as compared to Rs 116.42 crore for the same quarter in the previous year. Total income of the bank increased by 34.25% at Rs 1,540.37 crore for Q2FY24 as compared Rs 1,147.39 crore for the corresponding quarter previous year.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.


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