Au small finance bank shares nosedived on NSE (Natioinal Stock Exchange), after company declared their earning results for the quarter ended at December 31, 2024. The exchange filling revealed private lender's profit after tax was declining 7.5 per cent quarter on quarter.
The shares of AU small finance bank rang the opening bell at Rs 560.00 per cent with 5.82 per cent decline compared to closing bell level in the last trading session before shares went to tumble down further to day low level of Rs 544.00 per share on the exchanges.
Au small finance bank shares were trading around Rs 0.00 per share on the Indian exchanges with a decline of 6.77 per cent amounting to a Rs 40.25 per share on the dalal street.
Au Small Finance Bank Q3 FY25
Q3 FY25 Net profit and revenue
In an exchange filing, AU Small Finance Bank, the biggest small finance bank in India, reported a 7.48 per cent quarter-over-quarter drop in net profit to Rs 528.44 crore for the third quarter of the fiscal year 2024–2025.
The post-tax profit for the second quarter of FY25 was Rs 571.21 crore. YoY, or year-over-year, the profit climbed by 40.8 per cent.
The total revenue of AU Small Finance Bank increased by 4 per cent from Rs 4,548.57 crore in the second quarter of FY25 to Rs 4,731.88 crore in the reviewed quarter.
Net interest income Q3 FY25
In the July-September quarter of the current fiscal year, net interest income (NII) was Rs 1,974.4 crore, up 2.4 per cent to Rs 2,022.5 crore in Q3 FY25.
exchange filling
Gross and net NPA (Non performing assets)
In Q3 of FY25, gross non-performing assets (Gross NPA) were valued at Rs 2,335.5 crore, up from Rs 1,901.7 crore the previous quarter. In Q2 FY25, the Gross Non-Performing Asset (NPA) ratio was 1.98 per cent; it increased by 33 basis points (bps) to 2.31 per cent.
The net non-performing asset (NPA) increased from Rs 706.7 crore in the September quarter to Rs 905.6 crore in the reporting quarter. In the quarter that ended in September 2024, the net NPA ratio was 0.91 per cent as opposed to 0.75 per cent.
