Business Standard

CSB Bank Q2 results: PAT rises 4% to Rs 138 cr, income at Rs 1,064 cr

Its total income rose to Rs 1,064 crore in the quarter under review from Rs 830 crore in the year-ago period, CSB Bank said in a regulatory filing

result, q1, q2, q3, q4

The net NPAs of the bank also rose to 0.69 per cent.

Press Trust of India New Delhi

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CSB Bank on Thursday reported a marginal 4 per cent rise in net profit to Rs 138 crore for the quarter ended September 2024.

The Kerala-based lender had earned a net profit of Rs 133 crore in the year-ago period.

Its total income rose to Rs 1,064 crore in the quarter under review from Rs 830 crore in the year-ago period, CSB Bank said in a regulatory filing.

Its net interest income improved to Rs 367 crore in the July-September quarter from Rs 344 crore in the September quarter of 2023, registering a growth of 7 per cent.

Asset quality of the bank deteriorated, with gross non-performing assets (NPAs) rising to 1.68 per cent of gross advances at the end of the September 2024 quarter against 1.27 per cent a year ago.

 

The net NPAs or bad loans also rose to 0.69 per cent against 0.33 per cent in the year-ago period.

Its capital adequacy ratio of the bank decreased to 22.74 per cent from 23.98 per cent at the end of September 2023.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 24 2024 | 4:56 PM IST

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