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Utkarsh Small Finance Bank reports 30% rise in Q2 net profit

06 Nov 2023 Evaluate

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

The bank has reported 30.45% rise in its net profit at Rs 114.42 crore for the quarter under review as compared to Rs 87.71 crore for the same quarter in the previous year. Total income of the bank increased by 27.31% at Rs 861.49 crore for Q2FY24 as compared to Rs 676.71 crore for the corresponding quarter previous year.

Utkarsh Small Finance Bank is engaged in providing banking and financial services.

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Company Name CMP
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