Equitas Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The bank has reported 9.25% rise in its net profit at Rs 207.62 crore for the quarter under review as compared to Rs 190.04 crore for the same quarter in the previous year. Total income of the bank increased by 20.85% at Rs 1,685.11 crore for Q4FY24 as compared Rs 1,394.42 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the bank has reported 39.29% rise in its net profit at Rs 798.96 crore as compared to Rs 573.59 crore for the previous year. Total income of the bank increased by 30.09% at Rs 6,285.07 crore for year under review as compared to Rs 4831.46 crore for year ended March 31, 2023.
