Fino Payments Bank reports 41% rise in Q2 net profit

Fino Payments Bank Ltd. | Bank - Private | BFSI | BSE: 543386 | NSE: FINOPB

02 Nov 2023 Evaluate

Fino Payments Bank has reported results for second quarter ended September 30, 2023 (Q2FY24).

The bank has reported 41.45% rise in its net profit at Rs 19.52 crore for Q2FY24 as compared to Rs 13.80 crore for the same quarter in the previous year. Total income of the bank increased by 18.21% at Rs 358.58 crore for Q2FY24 as compared Rs 303.33 crore for the corresponding quarter previous year.

Fino Payments Bank is a scheduled commercial bank serving the emerging India market with its digital based financial services.

Peers

Company Name	CMP
HDFC Bank	740.30
ICICI Bank	1337.80
Axis Bank	1247.15
Kotak Mahindra Bank	416.65
Indusind Bank	962.10
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
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
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.