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HomeNewsBusinessEarningsRBL Bank Q4: Net profit falls 80% to Rs 69 crore on higher provisions, board declares dividend

RBL Bank Q4: Net profit falls 80% to Rs 69 crore on higher provisions, board declares dividend

RBL Bank Q4: The net interest income (NII) reduced 2.3 percent to Rs 1,563 crore in the period under review against 1,599 crore in the year ago period.

April 25, 2025 / 16:56 IST
RBL Bank Q4: Net profit falls 80% to Rs 69 crore on higher provisions.
     
     
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    Private sector RBL Bank on Friday reported an 80.5 percent decrease in its net profit to Rs 68.7 crore in the fourth quarter ended in March 2025. The bank had earned a net profit of Rs 352.6 crore in the same quarter a year ago.

    The net interest income (NII) reduced 2.3 percent to Rs 1,563 crore in the period under review against 1,599 crore in the year ago period. The net NPA was down 0.29 percent in the March 2025 quarter, against 0.53 percent in the previous quarter.

    The provisions were reported at Rs 785.14 crore against Rs 1,188.9 crore in the previous quarter. The same was reported at Rs 413.79 crore in the year ago period.

    The company also declared a dividend for the shareholders.

    "Recommended the dividend of Re. 1 per equity share of Rs 10/- each fully paid up (i.e.10 %) to be payable subject to the approval of the shareholders of the Bank at the ensuing Annual General Meeting (“AGM”)," the company said in an exchange filing.

    Shares of RBL Bank Ltd dropped 5.5 percent to Rs 187.4 per share on the NSE on Friday.

    Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Apr 25, 2025 04:29 pm

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