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HomeNewsBusinessEarningsUnity Small Finance Bank Q2 profit rises 36% to Rs 187 crore

Unity Small Finance Bank Q2 profit rises 36% to Rs 187 crore

Unity Small Finance Bank | The capital adequacy ratio of the bank promoted by Centrum Group stood at 29 percent.

October 31, 2024 / 17:07 IST
Unity Small Finance Bank

Unity Small Finance Bank on October 30 reported a 36 percent rise in its profit to Rs 187 crore in the second quarter ended September 2024.

The lender had earned a net profit of Rs 138 crore in the same quarter in the previous financial year.

Total income increased to Rs 640 crore during the quarter under review against Rs 361 crore in the same quarter last year, Unity Small Finance Bank said in a statement.

Its net interest income grew to Rs 320 crore over Rs 232 crore in FY24.

The capital adequacy ratio of the bank promoted by Centrum Group stood at 29 percent, it added.

PTI
first published: Oct 31, 2024 05:07 pm

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