Stock Report

RBL Bank reports consolidated PAT of Rs. 152.43 crore in Q2 FY2020-21



Posted On : 2020-10-28 17:52:09( TIMEZONE : IST )

RBL Bank reports consolidated PAT of Rs. 152.43 crore in Q2 FY2020-21

RBL Bank Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.2613.89 crores during the period ended September 30, 2020 as compared to Rs.2654.88 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.152.43 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.154.42 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.2.98 for the period ended September 30, 2020 as compared to Rs.3.03 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 2613.89 crs₹ 2654.88 crsDown Tick -1.54%
Net Profit₹ 152.43 crs₹ 154.42 crsDown Tick -1.29%
EPS₹ 2.98₹ 3.03Down Tick -1.65%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.2613.89 crores during the period ended September 30, 2020 as compared to Rs.2633.65 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.152.43 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.53.42 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.2.98 for the period ended September 30, 2020 as compared to Rs.1.24 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 2613.89 crs₹ 2633.65 crsDown Tick -0.75%
Net Profit₹ 152.43 crs₹ 53.42 crsUp Tick 185.34%
EPS₹ 2.98₹ 1.24Up Tick 140.32%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.5268.77 crores during the 6 months period ended September 30, 2020 as compared to Rs.5200.51 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.306.85 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.318.84 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.6.02 for the 6 months period ended September 30, 2020 as compared to Rs.7.36 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 5268.77 crs₹ 5200.51 crsUp Tick 1.31%
Net Profit₹ 306.85 crs₹ 318.84 crsDown Tick -3.76%
EPS₹ 6.02₹7.36Down Tick -18.21%

Commenting on the performance Mr. Vishwavir Ahuja, MD & CEO, RBL Bank said "We are seeing growth revival especially in our retail businesses and being well positioned on capital and liquidity we are growing in our chosen segments. As a Bank, we have again achieved a robust set of numbers in this quarter and prudently added to our provisioning buffers. Despite the positive signals, we continue to focus on balance sheet protection, risk mitigation and capital conservation in the near term."

Shares of RBL Bank Ltd was last trading in BSE at Rs.175.65 as compared to the previous close of Rs. 175.2. The total number of shares traded during the day was 1232862 in over 10991 trades.

The stock hit an intraday high of Rs. 179.65 and intraday low of 172.7. The net turnover during the day was Rs. 217858528.

Source : Equity Bulls

Keywords