BUSINESS

RBL Bank Q1 results: Net profit rises 29% to Rs 372 crore, asset quality remains healthy

RBL Bank on July 20 reported a net profit of Rs 372 crore in the April-June quarter of fiscal year 2025, 29 percent higher than Rs 288 crore in the corresponding quarter last year.

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The lender’s gross non-performing assets (GNPA) stood at 2.69 percent in Q1FY25 versus 3.22 percent last year. NNPA stood at 0.74 percent versus 1 percent last year.

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The net interest income of the lender was Rs 1,700 crore, higher than 20 percent from last year.

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The shares of the bank closed for trading at Rs 240.15 on July 19, 1.07 percent down on BSE.

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