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RBL Bank Ltd Q3 FY25 Results

RBLBANKQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue3.5K0.2%
Total Income4.6K3.4%
Expenditure3.6K122.1%
PBT-177.45158.3%
Net Profit47.3279.6%
OPM
NPM1.03%5.53pp
EPS0.78105.3%
View full financials

RBL Bank Reports 3% YoY Growth in Net Interest Income for Q3 FY25

18 Jan 2025 · 18 Jan 2025, 06:52 pm

Summary

RBL Bank Limited announced its unaudited financial results for the quarter and nine months ended 31st December 2024. The bank reported a 3% YoY growth in Net Interest Income (NIl) for Q3 FY25, reaching 1,585 crore. The NIM for Q3 FY25 stood at 4.90%. The Other Income for the quarter saw a significant increase of 38% YoY to 1,073 crore. The Core Fee Income for Q3 FY25 grew by 19% YoY to 871 crore. The bank's total deposits grew by 15% YoY to 1,06,753 crore. The net advances book grew by 13% YoY to 90,412 crore. The bank's total capital adequacy was 15.4% as of 31st December 2024, and the average Liquidity Coverage Ratio for Q3 FY25 was 143%.

Key Highlights

  1. 1

    3% YoY growth in Net Interest Income for Q3 FY25

  2. 2

    38% YoY growth in Other Income for Q3 FY25

  3. 3

    19% YoY growth in Core Fee Income for Q3 FY25

  4. 4

    15% YoY growth in Total Deposits

  5. 5

    13% YoY growth in Net Advances

Management Comments

R

R Subramaniakumar

MD & CEO, RBL Bank

We remain cautious about the short-term challenges emanating from macro-economic environment affecting certain unsecured lending segments. We continue to demonstrate strong growth in chosen areas of secured retail & commercial banking on asset side and granular deposits on liability side. Our core business remains robust and disciplined focus on growth with profitability and customer-centric approach continues to drive meaningful progress.

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