Earnings | AU Small Finance Bank (NSE: AUBANK): Q4FY23 Results Out; Total Income rise 32% YoY.

AU Small Finance Bank (NSE: AUBANK) is a small finance bank based in India. It was founded in 1996 as a microfinance company and was later converted into a small finance bank in 2017. The bank provides a range of financial services, including loans for micro and small businesses, affordable housing, and two-wheeler financing, as well as savings and deposit accounts for individuals. It also offers various digital banking services and operates through a network of branches and banking correspondents across India

• AU Small Finance Bank reported Total Income for Q4 FY23 of ₹2608 Crore up from ₹1978 Crore year on year, a growth of 32%.
• Total Expenses for Q4 FY23 of ₹2037 Crore up from ₹1496 Crore year on year, a growth of 36%.
• Consolidated Net Profit of ₹424 Crore, up 22% from ₹346 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹6.37, up 15% from ₹5.51 in the same quarter of the previous year.