FINOPB Q2 : STANDALONE NET PROFIT DOWN 236.2% AT -₹20.9 CR (YOY), DOWN 52.3% (QOQ). WEAK (ON 1ST LOOK)

Total income down 16.6% at ₹333.62 Cr (YOY), up 8.7% (QOQ). Operating profit before provisions at -₹20.9 Cr v ₹21.2 Cr (YOY), -₹13.7 Cr (QOQ). Other income down 23.8% at ₹259.16 Cr (YOY), up 10.5% (QOQ). Capital adequacy ratio 79.89% v 77.19% (YOY), 82.58% (QOQ).

Fino Payments Bank Ltd

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