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    HomeNewsBusinessEarningsUnity Small Finance Bank posts Rs 143 cr Q4 net profit

    Unity Small Finance Bank posts Rs 143 cr Q4 net profit

    The small finance bank's net interest income grew 55 per cent to Rs 281 crore during the March quarter of FY'24.

    PTI
    May 06, 2024 / 19:13 IST
    Unity Small Finance Bank posts Rs 143 cr Q4 net profit

    Unity Small Finance Bank on Monday reported a net profit of Rs 143 crore for the January-March quarter buoyed by higher net interest income.

    The bank, promoted by Centrum Financial Services, had reported a net loss of Rs 52 crore in the March quarter of 2022-23 fiscal. The small finance bank's net interest income grew 55 per cent to Rs 281 crore during the March quarter of FY'24.

    For the full 2023-24 fiscal, Unity Bank's net profit grew 12-fold to Rs 439 crore. Net interest income also increased 75 per cent YoY to Rs 981 crore during FY'24.

     

    PTI
    first published: May 6, 2024 07:13 pm

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