Fino Payments Bank reports 14% rise in Q4 net profit

30 Apr 2024 Evaluate

Fino Payments Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The bank has reported 14.18% rise in its net profit at Rs 25.21 crore for the quarter under review as compared to Rs 22.08 crore for the same quarter in the previous year. Total income of the bank increased by 24.08% at Rs 401.30 crore for Q4FY24 as compared Rs 323.43 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the bank has reported 32.48% rise in its net profit at Rs 86.22 crore as compared to Rs 65.08 crore for the previous year. Total income of the bank increased by 20.20% at Rs 1,478.38 crore for year under review as compared to Rs 1,229.91 crore for year ended March 31, 2023.   


Fino Payments Bank Share Price

325.80 7.95 (2.50%)
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