RBL Bank reports 55% jump in Q4 net profit

02 May 2017 Evaluate

RBL Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has posted a jump of 54.59% in its net profit at Rs 130.13 crore for the quarter ended March 31, 2017 as compared to Rs 84.18 crore for the same quarter in the previous year. Total income of the Bank increased by 35.17% at Rs 1222.87 crore for quarter under review as compared to Rs 904.66 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the Bank has posted a rise of 52.51% in its net profit at Rs 446.05 crore as compared to Rs 292.48 crore for the same period in the previous year. Total income of Bank increased by 38.14% at Rs 4468.62 crore for year under review as compared to Rs 3234.85 crore for the period ended March 31, 2016.

RBL Bank Share Price

155.80 3.05 (2.00%)
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