AU Small Finance Bank announced its quarterly results on July 23, 2020. The bank recorded total income of Rs1,409.91cr in Q1FY21, which increased by 20.7% yoy to Rs1,168.33cr in Q1FY20. Net interest income (NII) stood at Rs515.85cr that registered a growth of 30.4% yoy, as against Rs395.57cr it had reported in Q1FY20. Operating profit for Q1FY21 stood at Rs445.59cr, which increased by 53.2% yoy, as against Rs290.84cr in Q1FY20.
Provisions and contingencies increased by 475.1% yoy to Rs181.25cr in Q1FY21, as against Rs31.51cr in Q1FY20.
Profit after tax stood at Rs200.81cr for Q1FY20, which witnessed a growth of 5.5% yoy, as compared to Rs 190.32cr it had reported in Q1FY20.
Gross NPA in Q1FY21 stood at Rs447.12cr witnessing a decline of 2.3% qoq. Net NPA in Q1FY21 came in at Rs163.18cr witnessing a decline of 24.9% qoq.
Gross NPA(%) stood at 1.7% in Q1FY21 with a growth of 2bps qoq, as against 1.68% in Q4FY20. Net NPA (%) stood at 0.6% in Q1FY21 as against 0.81% in Q4FY20 registering a decline of 19bps qoq. Capital adequacy ratio (%) stood at 21.72% in Q1FY21, as against 21.99% in Q4FY20 with a decline of 27bps qoq.
The share closed at Rs756.75 with gains of 4.82% on BSE.
|
Particulars |
Q1FY21 (Rs in cr) |
Q1FY20 (Rs in cr) |
Change |
|
Net interest income |
515.85 |
395.57 |
30.4% |
|
Operating profit |
445.59 |
290.84 |
53.2% |
|
Provisions and contingencies |
181.25 |
31.51 |
475.1% |
|
Net Profit |
200.81 |
190.32 |
5.5% |
|
Particulars |
Q1FY21 |
Q4FY20 |
Change |
|
Gross NPA(%) |
1.69 |
1.68 |
0.01 |
|
Net NPA (%) |
0.62 |
0.81 |
-0.19 |
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