Key numbers and Comparison QoQ/YoY
Result Date: 23 Oct, 2024
| Q2 FY25 (Cr) | Q1 FY25 | Change | Q2 FY24 | Change | |
| Revenue | 2542 | 2505 | 1.5% | 2180 | 16.6% |
| Operating Profit (Pre provision) | 910 | 859 | 5.9% | 731 | 24.5% |
| Provisions | 618 | 366 | 68.9% | 640 | -3.4% |
| Profit after tax | 223 | 372 | -40.1% | 294 | -24.1% |
Positive aspects
- Advances grew by 15% YoY to Rs. 87,882 Cr
Negative aspects
- PAT dropped significantly both QoQ and YoY
- Provisions increase driven by higher slippages in credit cards and microfinance
Other highlights
- Healthy CRAR (15.9%) and CET1 ratio (14.2%)
- Tier II bond rating maintained at at ICRA AA- (Stable)
