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By Jomy Jos Pullokaran Feb 8, 2023 9:09:58 PM IST (Published)
The results came after the close of the market hours. Shares of Equitas Small Finance Bank Ltd ended at Rs 55.80, up by Rs 1.70, or 3.14 percent on the BSE.
Private lender Equitas Small Finance Bank on Wednesday said it has recorded its highest-ever quarterly disbursement of Rs 4,797 crore, a growth of 68 percent year-on-year (YoY).
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The lender reported a 57.4 percent year-on-year (YoY) jump in net profit at Rs 170.1 crore for the third quarter that ended December 31, 2022. This is the highest quarterly PAT of the bank.
In the corresponding quarter last year, the company posted a net profit of Rs 108.1 crore. A CNBC-TV18 poll had predicted a profit of Rs 145.7 crore for the quarter under review.