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Utkarsh Small Finance Bank standalone net profit rises 254.02% in the March 2022 quarter

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Capital Market

Total Operating Income rise 29.03% to Rs 536.03 crore

Net profit of Utkarsh Small Finance Bank rose 254.02% to Rs 48.43 crore in the quarter ended March 2022 as against Rs 13.68 crore during the previous quarter ended March 2021. Total Operating Income rose 29.03% to Rs 536.03 crore in the quarter ended March 2022 as against Rs 415.44 crore during the previous quarter ended March 2021.

For the full year,net profit declined 45.04% to Rs 61.46 crore in the year ended March 2022 as against Rs 111.82 crore during the previous year ended March 2021. Total Operating Income rose 16.94% to Rs 1848.81 crore in the year ended March 2022 as against Rs 1580.99 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Total Operating Income536.03415.44 29 1848.811580.99 17 OPM %38.6040.86 -36.9348.60 - PBDT55.7318.24 206 79.71151.44 -47 PBT55.7318.24 206 79.71151.44 -47 NP48.4313.68 254 61.46111.82 -45

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First Published: Apr 26 2022 | 8:03 AM IST

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