Ujjivan Small Finance Bank Ltd Q3FY24; 2% rise in Profits

Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 2005 with the mission to provide financial services to the ‘economically active poor’ who were not adequately served by financial institutions.

Financial Results:

Ujjivan Small Finance Bank Ltd reported Revenues for Q3FY24 of ₹1,471.00 Crores up from ₹1,082.00 Crore year on year, a rise of 35.95%.

Total Expenses for Q3FY24 of ₹1,261.00 Crores up from ₹832.00 Crores year on year, a rise of 51.56%.

Consolidated Net Profit of ₹300.00 Crores up 2.39% from ₹293.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.53, up 2.00% from ₹1.50 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.