RBL BANK LTD Announces Quarterly Results (4QFY20); Net Profit Down 53.7%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

RBL BANK LTD Announces Quarterly Results (4QFY20); Net Profit Down 53.7%
Fri, 8 May

RBL BANK LTD has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

RBL BANK LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Operating incomeRs m18,34121,57322,0822.4%20.4%
Other incomeRs m4,0924,8705,0052.8%22.3%
Total revenuesRs m22,43426,44327,0882.4%20.7%
InterestRs m10,95412,34711,873-3.8%8.4%
Gross Profit Rs m7,3879,22710,21010.7%38.2%
Other expensesRs m5,8806,7757,56711.7%28.7%
Profit before taxRs m3,6009391,50860.6%-58.1%
TaxRs m1,12823936452.1%-67.7%
Profit after taxRs m2,4727001,14463.5%-53.7%
Gross profit margin %40.342.846.2
Effective tax rate%31.325.524.1
Net profit margin%13.53.25.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 20.4% on a year-on-year (YoY) basis. The interest expended was up by 8.4% YoY during the same period.
  • The bank's operating profit increased by 38.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 46.2% in 4QFY20 as against 40.3% in 4QFY19.
  • Other income increased by 22.3% YoY during the quarter.
  • Net profit for the quarter declined by 53.7% YoY. Net profit margins during the quarter declined from 13.5% in 4QFY19 to 5.2% in 4QFY20.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 2.4% on a quarter-on-quarter (QoQ) basis. The interest expended was down by 3.8% QoQ during the same period.
  • The bank's operating profit increased by 10.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 46.2% in 4QFY20 as against 42.8% in 3QFY19.
  • Net profit for the quarter increased by 63.5% QoQ, while net profit margins increased from 3.2% in 3QFY19 to 5.2% in 4QFY20.

To see how RBL BANK LTD has performed over the last eight quarters,please visit here.

FREE REPLAY: Discover What Richa Revealed in Her Smallcaps Summit

RBL BANK LTD Share Price Performance

Over the last one year,RBL BANK LTD share price has moved down from Rs 652.3 to Rs 130.0, registering a Loss of Rs 522.3 or around 80.1%.

Meanwhile, the S&P BSE BANKEX is trading at Rs 22,798.3 (up 2.2%). Over the last one year it has moved down from 32,345.5 to 22,798.3, a loss of 9,547 points (down 29.5%).

Overall, the S&P BSE SENSEX is down 16.7% over the year.

Current Valuations

At the current price of Rs 130.0, the price to earnings (P/E) ratio of RBL BANK LTD stands at 13.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.9 times.

Equitymaster requests your view! Post a comment on "RBL BANK LTD Announces Quarterly Results (4QFY20); Net Profit Down 53.7%". Click here!

  

Related Views on News

RBL BANK Announces Quarterly Results (1QFY22); Net Profit Down 399.3% (Quarterly Result Update)

Aug 5, 2021 | Updated on Aug 5, 2021

For the quarter ended June 2021, RBL BANK has posted a net profit of Rs 5 bn (down 399.3% YoY). Sales on the other hand came in at Rs 21 bn (down 10.3% YoY). Read on for a complete analysis of RBL BANK's quarterly results.

ICICI Bank Posts Threefold Jump in Net Profit; Net Interest Income Grows 17% (Company Info)

Apr 26, 2021

Key takeaways from ICICI Bank's March quarter (Q4FY21) results.

HDFC Bank Posts Good Q4 Performance Amid Covid-19 Second Wave (Company Info)

Apr 20, 2021

Key takeaways from HDFC Bank's March quarter (Q4FY21) results.

How the YES Bank Collapse Unfolded - 10 Points (Sector Info)

Mar 9, 2020

A timeline of how YES Bank went from a stock market darling to a pariah.

Today's Stock Market Crash: 10 Points (Sector Info)

Mar 6, 2020

Top factors that dragged the markets lower today.

More Views on News

Most Popular

Infosys vs TCS: Which is Better?(Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake(Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

How to Hit Rs 100 Crore Wealth in Your Lifetime(Equitymaster Wealth)

Nov 15, 2021

This is how you can achieve the ambitious goal of a net worth of Rs 100 crore.

Don't Sell these Stocks if the Market Falls(Profit Hunter)

Nov 17, 2021

These are the 3 types of stocks that you should not sell in a market crash.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing.(Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

RBL BANK SHARE PRICE


Nov 26, 2021 (Close)

TRACK RBL BANK

  • Track your investment in RBL BANK with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE RBL BANK WITH

MARKET STATS