Unity Small Finance Bank Q2 Profit Surges 36% to Rs 187 cr

Oct 30, 2024 20:26

Unity Small Finance Bank's profit rose by 36% to Rs 187 crore in Q2 FY25, driven by strong growth in net interest income and total income. Learn more.

Photograph: Ajay Verma/Reuters

New Delhi, Oct 30 (PTI) Unity Small Finance Bank on Wednesday reported a 36 per cent rise in its profit to Rs 187 crore in the second quarter ended September 2024.

The lender had earned a net profit of Rs 138 crore in the same quarter in the previous financial year.

Total income increased to Rs 640 crore during the quarter under review against Rs 361 crore in the same quarter last year, the bank said in a statement.

Its net interest income grew to Rs 320 crore over Rs 232 crore in FY24.

The capital adequacy ratio of the bank promoted by Centrum Group stood at 29 per cent, it added.

Source: PTI

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Unity Small Finance Bank Q2 Profit Surges 36% to Rs 187 cr

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