Provisions and Contingencies increased by 646.9% yoy to Rs140.34cr in Q1FY21, as against Rs18.79cr in Q1FY20.
Profit after tax (PAT) stood at Rs54.65cr for the quarter ending June 2020. It declined by 42.2% yoy, as compared to Rs 94.5cr it had reported in Q1FY20.
Gross NPA in Q1FY21 stood at Rs139.82cr registering a growth of 2% qoq. Net NPA in Q1FY21 came in at Rs25.1cr witnessing a decline of 8.7% qoq. Gross NPA(%) stood at 0.97% in Q1FY21,which remained same as previous quarter . Net NPA (%) stood at 0.18% in Q1FY21, which declined by 2bps qoq, compared to 0.2% in the previous quarter. Capital adequacy ratio (%) stood at 28.68% in Q1FY21 that declined by 14bps qoq, as against 28.82% in previous quarter.
The stock closed at Rs35 with gains of 2.49% in today’s session on BSE.
|Particulars||Q1FY21 (Rs in cr)||Q1FY20 (Rs in cr)||Change|
|Net interest income||458.01||352.45||30.0%|
|Provisions and contingencies||140.34||18.79||646.9%|
|Net NPA (%)||0.18||0.20||-0.02|