Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank has reported results for fourth quarter and year ended March 31, 2021.

The bank has reported above 2-fold jump in its net profit at Rs 112.87 crore for the quarter under review as compared to Rs 43.01 crore for the same quarter in the previous year. Total income of the bank increased by 24.67% at Rs 996.73 crore for Q4FY21 as compared Rs 799.47 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the bank has reported 57.70% rise in its net profit at Rs 384.22 crore as compared to Rs 243.64 crore for the previous year. Total income of the bank increased by 23.39% at Rs 3612.47 crore for year under review as compared to Rs 2927.80 crore for year ended March 31, 2020.