Utkarsh Small Finance Bank Ltd Share Price – NSE  /  BSE

Banks, Small Cap

Utkarsh Small Finance Bank announced that the Board of Directors of the Company at its meeting held on 26 April 2024, has recommended a Final dividend of Rs.0.50 per share (i.e.5%), subject to the approval of the shareholders.

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Net profit of Utkarsh Small Finance Bank rose 19.33% to Rs 159.66 crore in the quarter ended March 2024 as against Rs 133.80 crore during the previous quarter ended March 2023. Total Operating Income rose 29.59% to Rs 895.62 crore in the quarter ended March 2024 as against Rs 691.11 crore during the previous quarter ended March 2023.

For the full year,net profit rose 23.02% to Rs 497.63 crore in the year ended March 2024 as against Rs 404.50 crore during the previous year ended March 2023. Total Operating Income rose 26.88% to Rs 3178.41 crore in the year ended March 2024 as against Rs 2504.98 crore during the previous year ended March 2023.

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Utkarsh Small Finance Bank has allotted 1,94,500 equity shares under ESOP scheme on 25 April 2024. With this allotment, the paid up equity share capital has increased to 1,09,97,57,210 equity shares of Rs 10 each.

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Utkarsh Small Finance Bank will hold a meeting of the Board of Directors of the Company on 26 April 2024.

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