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Ujjivan Small Finance Bank reports 7% rise in Q4 net profit

20 May 2024 Evaluate

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

The bank has reported 6.50% rise in its net profit at Rs 329.63 crore for the quarter under review as compared to Rs 309.50 crore for the same quarter in the previous year. Total income of the bank increased by 29.38% at Rs 1,764.64 crore for Q4FY24 as compared Rs 1,363.89 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the bank has reported 16.51% rise in its net profit at Rs 1,281.50 crore as compared to Rs 1,099.92 crore for the previous year. Total income of the bank increased by 35.96% at Rs 6,463.91 crore for year under review as compared to Rs 4,754.19 crore for year ended March 31, 2023.


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