A net profit of Rs 528.45 crore was announced by AU Small Finance Bank on January 24 for the current fiscal year's October–December quarter. Compared to the net profit of Rs 375.25 crore recorded during the same time of the previous fiscal year, this represents a significant increase of about 41%. However, compared to the Rs 571.2 crore recorded in the preceding quarter (Q2), the net profit experienced a sequential decline of around 7.5 percent.
Also Read - Quarterly Results of all banks for Q3FY25
In Q3, the net interest income (NII) of AU Small Finance Bank increased by about 53% year over year to Rs 2,022.5 crore. The bank's Q3 net non-performing asset (NPA) margin of 0.91 percent was higher than the Q2 net NPA margin of 0.75 percent. The gross NPA margin of the bank increased to 2.31 percent in Q3 from 1.98 percent in Q2
The bank's total income jumped nearly 49 percent year-over-year to Rs 4,731.89 crore in Q3. It had reported a total income of Rs 3,178.05 crore in Q3 FY 24.
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