Latest News | Equitas Small Finance Bank Q4 Profit Rises 9 Pc to Rs 208 Cr

Get latest articles and stories on Latest News at LatestLY. Equitas Small Finance Bank on Wednesday reported 9.47 per cent increase in net profit at Rs 208 crore for the fourth quarter ended March 31, 2024.

New Delhi, Apr 24 (PTI) Equitas Small Finance Bank on Wednesday reported 9.47 per cent increase in net profit at Rs 208 crore for the fourth quarter ended March 31, 2024.

The bank had logged a net profit of Rs 190 crore in the year-ago period.

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Total income rose to Rs 1,685 crore during the quarter under review from Rs 1,394 crore a year ago.

For the full 2023-24 fiscal, net profit rose 39 per cent to Rs 799 crore as against Rs 574 crore during 2022-23.

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As of March 31, the bank's networth stood at Rs 5,969 crore.

Shares of Equitas Small Finance Bank closed at Rs 97.46 apiece, down 3.01 per cent over previous close on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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