Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,
· Revenue from Operations: ₹ 13,378.26 Cr · Profit After Tax: ₹ 3,550.80 Cr · Total comprehensive income: ₹ 3,572.97 Cr
· Consolidated profit grew by 28% to ₹ 3,550.80 Cr · Net Interest Income (NII) also surged by 26% to ₹ 8,845 Cr · Consolidated Assets Under Management (AUM): ₹ 290,264 Cr
Gross NPA at 0.91%, Net NPA at 0.31%, down from 1.17% and 0.44%. Operating expenses to net interest income ratio improved, at 34.0% in Q2 FY24.
· 33% YoY rise in AUM · 26% growth in new loans · Annualised Return on Assets (ROA) of 5.2% · Annualised Return on Equity (ROE) of 24.1% · Consolidated deposits reached ₹ 54,821 Cr in Q2 FY’24