RBL Bank zooms on reporting many fold jump in Q2 consolidated net profit
RBL Bank is currently trading at Rs. 136.05, up by 12.10 points or 9.76% from its previous closing of Rs. 123.95 on the BSE.
The scrip opened at Rs. 124.35 and has touched a high and low of Rs. 137.70 and Rs. 123.50 respectively. So far 5386822 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 221.20 on 10-Nov-2021 and a 52 week low of Rs. 74.15 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 134.70 and Rs. 119.45 respectively. The current market cap of the company is Rs. 8156.44 crore.
The Institutions and Non-Institutions held 40.50% and 59.50% stake in the company.
RBL Bank has reported results for second quarter ended September 30, 2022.
The bank has reported over 6-fold jump in its net profit at Rs 201.55 crore for Q2FY23 as compared to Rs 30.80 crore for the corresponding quarter previous year. Total income of the bank increased by 7.45% to Rs 2,758.98 crore for the quarter under review as compared to Rs 2,567.65 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported over 19-fold jump in its its net profit at Rs 187.51 crore for the quarter under review as compared to Rs 9.72 crore for the same quarter in the previous year. Total income of the bank increased by 8.34% to Rs 2,848.31 crore for the quarter under review as compared to Rs 2,629.08 crore for the same quarter in the previous year.
