Skip to content
Business Editorial

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

Strong Performance in Q3: Impressive Growth in NII, PAT, and PPOP, with Improved Asset Quality and Expanding Loan Book
Abhishek Sharma
Founder & Editor-in-Chief
Published: 1 min read
AdvertisementAdvertisement

• 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.

🚀
⚡ Prime
Enjoy an Ad-Free Reading Experience
Plus 100+ screener conditions, historical signal analysis, DIY stock screening, FII/DII data & more.
Join Prime →
Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on January 20, 2024

Disclaimer: BigBreakingWire provides news and informational content for general educational purposes only. The information presented on this website does not constitute financial, investment, tax, or legal advice. Readers should consult qualified professionals before making any financial decisions. BigBreakingWire, its authors, and editors are not responsible for any financial losses or damages arising from the use of information on this site.

Discussion

Share your take — react and comment in seconds, no login needed.

0 comments

Loading discussion…

Be civil — abusive or promotional comments get removed. No login required.

⚡ Upgrade to Prime
The Market Terminal for Serious Investors
🚫 Ad-Free Experience📊 100+ Screener Conditions🔬 Historical Signals📈 DIY Stock Screening🏦 FII/DII Data
Join BigBreakingWire Prime →