CSB Bank Q3FY23 Results: Profit Rises to ₹155.95 Cr

CSB Bank Q3FY23 Results: Profit Rises to ₹155.95 Cr

CSB Bank Ltd reports standalone financial results for Q3 FY2023.

Financial Results (Q3 FY2023) – Quarter-over-Quarter Comparison:

Total income of CSB Bank is Rs.681.95 crore (Dec 31, 2022) vs Rs.600.12 crore (Sep 30, 2022)

Net profit: Rs.155.95 crore (Dec 31, 2022) vs Rs.120.55 crore (Sep 30, 2022)

EPS: Rs.8.99 (Dec 31, 2022) vs Rs.6.95 (Sep 30, 2022)

FinancialsQ3 FY2023Q2 FY2023% Change
Total Income₹681.95 Cr₹600.12 Cr⬆ 13.64%
Net Profit₹155.95 Cr₹120.55 Cr⬆ 29.37%
EPS₹8.99₹6.95⬆ 29.35%

Financial Results (Q3 FY2023) – Year-over-Year Comparison:

Total income of CSB Bank is Rs.681.95 crore (Dec 31, 2022) vs Rs.579.81 crore (Dec 31, 2021)

Net profit: Rs.155.95 crore (Dec 31, 2022) vs Rs.148.25 crore (Dec 31, 2021)

EPS: Rs.8.99 (Dec 31, 2022) vs Rs.8.55 (Dec 31, 2021)

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹681.95 Cr₹579.81 Cr⬆ 17.62%
Net Profit₹155.95 Cr₹148.25 Cr⬆ 5.19%
EPS₹8.99₹8.55⬆ 5.15%

Financial Results (9 Months Ended FY2023) – Year-over-Year Comparison:

Total income of CSB Bank is Rs.1872.85 crore vs Rs.1701.94 crore (Dec 31, 2021)

Net profit: Rs.391.02 crore vs Rs.327.83 crore (Dec 31, 2021)

EPS: Rs.22.54 vs Rs.18.90 (Dec 31, 2021)

Financials9 Months Ended FY20239 Months Ended FY2022% Change
Total Income₹1872.85 Cr₹1701.94 Cr⬆ 10.04%
Net Profit₹391.02 Cr₹327.83 Cr⬆ 19.28%
EPS₹22.54₹18.90⬆ 19.26%

Asset Quality Update:

Asset QualityQ3 FY2023Q2 FY2023Q3 FY2022
Gross NPA₹271.29 Cr₹291.04 Cr₹388.95 Cr
Gross NPA %1.45%1.65%2.62%
Net NPA₹77.66 Cr₹98.86 Cr₹199.74 Cr
Net NPA %0.42%0.57%1.36%

Gross NPA of CSB Bank is Rs.271.29 crore (Q3 FY2023) vs Rs.388.95 crore (Q3 FY2022) & Rs.291.04 crore (Q2 FY2023)

Net NPA: Rs.77.66 crore (Q3 FY2023) vs Rs.199.74 crore (Q3 FY2022) & Rs.98.86 crore (Q2 FY2023)

GNPA as % of Gross Advances: 1.45% (Dec 31, 2022) vs 2.62% (Dec 31, 2021) & 1.65% (Sep 30, 2022)

Net NPA as % of Gross Advances: 0.42% (Dec 31, 2022) vs 1.36% (Dec 31, 2021) & 0.57% (Sep 30, 2022)

RatiosQ3 FY2023Q2 FY2023Q3 FY2022
RoA %2.37%1.87%2.40%
CAR (BASEL III) %25.78%25.14%20.74%

RoA: 2.37% (Q3 FY2023) vs 1.87% (Q2 FY2023) & 2.40% (Q3 FY2022)

Total Capital Adequacy Ratio (CAR): 25.78% (Q3 FY2023) vs 25.14% (Q2 FY2023) & 20.74% (Q3 FY2022).

For More Latest News Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *