The company’s institutional investor meeting with WhiteOak Capital was held in Mumbai, the exchange filing said.
The private lender has witnessed its shares grow 9.91% over the past month, compared to a 5.06% rise in the Sensex.
The company’s net profit during the quarter ended September grew 3.9% year-over-year (YoY) to Rs 1,384 million, compared to a profit of Rs 1,332 million a year ago. Meanwhile, net sales during the quarter increased 25.8% to Rs 8,649 million, compared to Rs 6,873 million in the previous corresponding period.
For the year ended March, the private lender posted a 3.6% rise in net profit to Rs 5,668 million compared to net profit of Rs 5,474 million in the previous corresponding period. The bank’s revenue jumped 26.2% to Rs 29,275 million during fiscal year 2024.
CSB Bank shares have fallen 17.8% over the past year and the stock has witnessed declines of 3.89% over the past six months.Also read | 4 reasons why Axis Capital backs Swiggy for Rs 640 stock price
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)