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AU Small Finance Bank reports 13% fall in Q4 net profit

25 Apr 2024 Evaluate

AU Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The bank has reported 12.69% fall in its net profit at Rs 370.74 crore for the quarter under review as compared to Rs 424.63 crore for the same quarter in the previous year. However, total income of the bank increased by 29.80% at Rs 3,385.12 crore for Q4FY24 as compared Rs 2,607.91 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the bank has reported 7.48% rise in its net profit at Rs 1,534.72 crore as compared to Rs 1,427.93 crore for the previous year. Total income of the bank increased by 33.13% at Rs 12300.61 crore for year under review as compared to Rs 9239.87 crore for year ended March 31, 2023.


Peers
Company Name CMP
HDFC Bank 707.10
ICICI Bank 1354.10
Axis Bank 1259.00
Kotak Mahindra Bank 440.10
Indusind Bank 862.45
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