Capital Small Finance Bank released its financials for Q3 FY24

Capital Small Finance Bank released its financials for quarter ended December 31, 2023. The company reported a growth of 18% in its revenues from Rs 188.6 Cr in Q3 FY23 to Rs 222.5 Cr in Q3 FY24. The net profit of the company grew by 2% from Rs 28.3 Cr in Q3 FY23 to Rs 28.9 Cr in Q3 FY24. The TIER-1 Ratio of the company has shown a growth of 11% increasing from 13.5% in Q3 FY23 to 15% in Q3 FY24. The Net NPAs to Net Advances Ratio of the company has decreased from by 1.6% in Q3 FY23 to 1.5% in Q3 FY24