Ujjivan Small Finance Bank Reports 70.6% Jump in Q3 Net Profit to ₹186 Crores
Ujjivan Small Finance Bank delivered exceptional Q3 results with net profit surging 70.6% year-on-year to ₹186.00 crores from ₹109.00 crores. The strong financial performance demonstrates improved operational efficiency and business growth momentum in the small finance banking sector.
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Ujjivan Small Finance Bank has reported a remarkable financial performance for the third quarter, demonstrating strong growth momentum in its core banking operations. The bank's net profit showed significant improvement, reflecting enhanced operational efficiency and business expansion.
Financial Performance Highlights
The bank's quarterly results showcase substantial growth in profitability metrics. The financial performance comparison reveals the bank's strengthened position in the small finance banking sector.
| Metric: | Q3 Current Year | Q3 Previous Year | Growth (%) |
|---|---|---|---|
| Net Profit: | ₹186.00 crores | ₹109.00 crores | +70.6% |
Strong Profitability Growth
The bank achieved a net profit of ₹186.00 crores in the third quarter, marking a significant increase from ₹109.00 crores recorded in the corresponding quarter of the previous year. This represents a robust year-on-year growth of 70.6%, indicating the bank's improved financial health and operational effectiveness.
Business Performance Analysis
The substantial profit growth demonstrates the bank's ability to enhance its financial performance while maintaining its focus on serving the underbanked segments of the population. The strong quarterly results reflect the bank's strategic initiatives and operational improvements that have contributed to better profitability metrics.
This impressive financial performance positions the bank favorably within the small finance banking sector, showcasing its capacity to deliver consistent growth and value creation for stakeholders.
Historical Stock Returns for Ujjivan Small Finance Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.78% | +6.90% | +16.30% | +33.63% | +83.26% | +66.39% |
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