RBL Bank reports a 29% increase in Q1 net profit to Rs 372 crore and an improvement in asset quality.
RBL Bank reported a 29% increase in net profit for the April-June quarter of fiscal 2025 at Rs 372 crore as against Rs 288 crore a year ago. The asset quality of the bank witnessed improvement, with GNPA at 2.69% as against 3.22% in the previous year. NNPA stood at 0.74%, as against 1% a year ago.
RBL Bank’s net interest income for the quarter was Rs 1,700 crore, marking a 20% increase from the previous year.
The bank’s shares closed at Rs 240.15 on BSE—down 1.07% from the positive results.
News Desk
