RBL Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The bank has reported 30.10% rise in its net profit at Rs 352.64 crore for the quarter under review as compared to Rs 271.05 crore for the same quarter in the previous year. Total income of the bank increased by 27.08% at Rs 4,214.56 crore for Q4FY24 as compared Rs 3,316.43 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 22.06% rise in its net profit at Rs 364.43 crore for fourth quarter ended March 31, 2024 as compared to Rs 298.57 crore for the same quarter in the previous year. Total income of the bank increased by 26.70% at Rs 4,214.99 crore for Q4FY24 as compared Rs 3,326.70 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the bank has reported 32.31% rise in its net profit at Rs 1,167.92 crore as compared to Rs 882.73 crore for the previous year. Total income of the bank increased by 26.89% at Rs 15,437.19 crore for year under review as compared to Rs 12,166.01 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the bank has reported 37.01% rise in its net profit at Rs 1,259.89 crore as compared to Rs 919.54 crore for the previous year. Total income of the bank increased by 26.84% at Rs 15,453.75 crore for year under review as compared to Rs 12,183.53 crore for year ended March 31, 2023.
