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Home » Blog » RBL Bank Q4 profit tanks 81% to ₹69 cr as provisions spike
Business

RBL Bank Q4 profit tanks 81% to ₹69 cr as provisions spike

Michael Hayes
Michael Hayes
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RBL Bank reported a 81 percent decrease in its net gain to ₹ 69 million rupees for the fourth quarter of fiscal year 2015 with an increase in the provisions.

The lender had obtained a net gain of ₹ 353 million rupees in the period of the previous year.

Duration The quarter, the total entrance of the bank increased to ₹ 4,476 million rupees compared to ₹ 4,215 million rupees a year ago, said RBL Bank in a regulatory presentation.

Interest revenues grew to ₹ 3,476 million rupees, door of the period under review, of ₹ 3,339 million rupees in the corresponding quarter a year ago.

On the quality of the assets, gross assets not rendered from the bank (NPA) fell to 2.6 percent of gross advances as of March 31, 2025, from 2.65 percent by the end of March 2024.

As well as 0.29 percent of the advances of 0.74 percent at the end of 2024.

However, provisions and contingencies increased to ₹ 785 million rupees compared to ₹ 414 million rupees a year ago.

Duration The financial year 2024-25, the net benefit of the bank almost reduced to half to ₹ 695 million rupees compared to ₹ 1,168 million rupees in the previous year. Total income increased to ₹ 17,845 million rupees, the financial year such as Aginst ₹ 15,437 million rupees in the previous year.

The Bank Board has recommended a dividend of ₹ 1 per share or 10 percent for the year ended on March 31, 2025.

Posted on April 25, 2025

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