Strong Performance in Q3: Impressive Growth in NII, PAT, and PPOP, with Improved Asset Quality and Expanding Loan Book

• Net Interest Income (NII) witnessed a significant YoY surge, reaching Rs 448 cr in the third quarter.

• Profit After Tax (PAT) demonstrated robust YoY growth, escalating by 67.1% to Rs 336 cr.

• Pre-Provision Operating Profit (PPOP) observed a notable YoY increase of 49.1%, totaling Rs 424 cr.

• Gross Non-Performing Assets (NPA) exhibited a QoQ rise, standing at 2.9%.

• Net Non-Performing Assets (NPA) also increased QoQ, settling at 1.52%.

• Gross Non-Performing Assets (GNPA) decreased to 2.90%, compared to 4.24% YoY.

• Net Non-Performing Assets (NNPA) in Q3 reduced to 1.52%, down from 2.03% YoY.

• The loan book for Q3 is reported at 506 billion rupees, indicating a significant YoY growth from 379 billion.

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