Ujjivan Fin Services shares down nearly 3% post Q3 results

Shares of Ujjivan Financial Services fell nearly 3 per cent today after the company posted 10 per cent decline in net profit for the quarter ended December 31.
The stock lost 2.90 per cent to end at Rs 352.10 on BSE. During the day, it dipped 5.51 per cent to Rs 342.60.
At NSE, shares of the company declined by 2.52 per cent to close at Rs 353.35.
On the volume front, 6.93 lakh shares of the company were traded on BSE and over 41 lakh shares changed hands at NSE during the day.
Ujjivan Financial Services, which is set to become small finance bank next month, today posted 10 per cent decline in net profit at Rs 43.94 crore for the quarter ended December.

However, total income increased by 38.8 per cent to Rs 371.32 crore during the quarter, Ujjivan Financial Services said in a statement.
The net interest income rose to Rs 199.01 crore during the quarter.