Profit before tax stood at Rs 888.16 crore in the March 2024 quarter, registering a growth of 11.07% YoY.

Interest income increased 27.88% to Rs 2,138.66 crore in Q4 FY24 from Rs 1,672.35 crore in Q4 FY23. Non-interest income (fees, commission & others) grew by 5.69% to Rs 2,209 crore in Q4 FY24 from Rs 2,090 crore in Q4 FY23.

Finance costs climbed 42.8% YoY to Rs 724 crore while total operating cost declined 3.13% YoY to Rs 1,918 crore during the period under review.

Impairment on financial instruments jumped 49.84% to Rs 944 crore in Q4 FY24 from Rs 630 crore in Q4 FY23.

The firm's return on average assets (ROAA) and return on average equity (ROAE) stood at 4.7% and 22.2%, respectively in the quarter ended 31 ...

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