The lower provisions for bad loans had increased 103% year on year in the fourth quarter. The profit had risen to Rs. 28 crores. These bad loans have seen an increase in the FY21 of the fourth quarter.
The Gross NPA Ratio is 9.23% against the year-ago period of 5.90%. In the last fiscal it has seen a loss of Rs. 4.10 crores in the fourth quarter. The Contingencies and Provisions had reduced by 74%, which is Rs. 14. 82 crores.
Against the Rs. 56.89 crores in the year-on-year. From 2020-2021 there is a net profit of Rs. 37.19 crores that mean it has43.4% y-o-y from Rs.54.78 crores in FY20. When it comes to the total income of the lender in the fourth quarter, it has Rs.242.18 crores against the Rs.280.98 crores in the fourth quarter.
The interest income and other income are also on the lower side in the year-on-year—the Gross NPA ratio at 9.23% to 5.78% in Q3. The net NPA for the Q4FY21 is 4.76%. It is against 1.11% in Q3 and 1.55% in Q4 of FY20.8