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Utkarsh Small Finance Bank Ltd reports net profit of Rs. 159.65 crores in Q4 FY2024



Posted On : 2024-04-27 21:23:13( TIMEZONE : IST )

Utkarsh Small Finance Bank Ltd reports net profit of Rs. 159.65 crores in Q4 FY2024

Utkarsh Small Finance Bank Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1016.2954 crores during the period ended March 31, 2024 as compared to Rs. 888.6354 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 159.6565 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 116.0576 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 1.44 for the period ended March 31, 2024 as compared to Rs. 1.05 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹1016.2954 crs ₹888.6354 crs Up Tick / Down Tick14.37%
Net Profit ₹159.6565 crs ₹116.0576 crs Up Tick / Down Tick37.57%
EPS ₹1.44 ₹1.05 Up Tick / Down Tick37.14%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs.1016.2954 crores during the period ended March 31, 2024 as compared to Rs.760.2561 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.159.6565 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.133.7979 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.1.44 for the period ended March 31, 2024 as compared to Rs.1.49 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹1016.2954 crs ₹760.2561 crs Up Tick / Down Tick33.68%
Net Profit ₹159.6565 crs ₹133.7979 crs Up Tick / Down Tick19.33%
EPS ₹1.44 ₹1.49 Up Tick / Down Tick-3.36%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3578.8128 crores during the Financial Year ended March 31, 2024 as compared to Rs.2804.2860 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.497.6285 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.404.5019 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.4.75 for the Financial Year ended March 31, 2024 as compared to Rs.4.51 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹3578.8128 crs ₹2804.2860 crs Up Tick / Down Tick27.62%
Net Profit ₹497.6285 crs ₹404.5019 crs Up Tick / Down Tick23.02%
EPS ₹4.75 ₹4.51 Up Tick / Down Tick5.32%

Shares of Utkarsh Small Finance Bank Limited was last trading in BSE at Rs. 59.46 as compared to the previous close of Rs. 58.78. The total number of shares traded during the day was 711753 in over 2619 trades.

The stock hit an intraday high of Rs. 60.70 and intraday low of 59.00. The net turnover during the day was Rs. 42553021.00.

Source : Equity Bulls

Keywords

UtkarshSmallFinanceBank Q4FY24 FY2024 ResultUpdate