India, Jan. 29 -- Fino Payments Bank posted a net profit of INR 23.11 Cr in the third quarter of fiscal year 2024-25 (Q3 FY25), up 1.3% from INR 22.80 Cr in the same quarter last year. Sequentially, profit jumped 9% from INR 21.15 Cr.
The company's total income for the quarter stood at INR 461.34 Cr, constituting an interest income of INR 49.35 Cr and an other income component of INR 411.99 Cr. Total income increased 24.6% from INR 370.20 Cr in Q3 FY24 and 13.2% from INR 407.66 Cr in Q2 FY25.
Meanwhile, total expenditure for the quarter stood at INR 432.89 Cr, up 1% quarter-on-quarter and 25% year-on-year.
(The story will be updated shortly.)
The post Fino Payments Bank's Q3 Profit Almost Flat At INR 23 Cr appeared first on Inc42 Medi...
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