RBL Bank reports 30% fall in Q2 consolidated net profit

Ace News

19th Oct 2024

RBL Bank has reported results for second quarter ended September 30, 2024 (Q2FY25).

The Bank has reported 24.33% fall in its net profit at Rs 222.52 crore for the quarter ended September 30, 2024 as compared to Rs 294.08 crore for the same quarter in the previous year. However, total income of the Bank increased by 20.09% at Rs 4,458.29 crore for Q2FY25 as compared to Rs 3,712.39 crore for the corresponding quarter previous year.

On consolidated basis, the Bank has reported 30.02% fall in net profit at Rs 231.70 crore for Q2FY25 as compared to Rs 331.08 crore for the same quarter in the previous year. However, total income of the Bank increased by 19.85% at Rs 4,459.05 crore for Q2FY25 as compared to Rs 3,720.57 crore for the corresponding quarter previous year.