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AU Small Finance Bank Q1 net profit jumps 37% to Rs 796 crore

AU Small Finance Bank recorded a 37% surge in Q1 net profit to Rs 796 crore, driven by robust loan growth and improved asset quality. Gross NPA dropped to 2.1%, while net interest income grew 32% to Rs 2,695 crore.

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thehindubusinessline.com

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economictimes.indiatimes.com2 g fa

AU Small Finance Bank Q1 net rises 37% to ₹796 crore

AU Small Finance Bank reported 37% Q1 net profit to ₹796 crore on improved asset quality; transitioning to universal bank. NIM improvement (5.9%, +47 bps) indicates financial strength for digital infrastructure and fintech investment amid India's competitive fintech market.

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newsbytesapp.com2 g fa

AU Bank's Q1 profit rises 37% YoY to ₹796cr

AU Small Finance Bank's Q1 net profit soared 37% to Rs 796 crore, driven by strong loan growth and improved asset quality, with gross NPA dropping to 2.1%.