In rupee terms, revenue is likely to grow at a higher rate of 4.7% to ₹55,221.9 crore helped by a 3.2% average depreciation in the rupee during the quarter. Net profit is expected to grow by 10.7% sequentially to ₹10,490 crore after falling by 4.5% in the previous quarter.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs