Ujjivan Financial Services reports Rs 491cr loss in Oct-Dec

Ujjivan Financial Services reports Rs 491cr loss in Oct-Dec
  • Country:
  • India

Ujjivan Financial Services on Wednesday reported a consolidated loss of Rs 490.73 crore in the third quarter ended in December 2020.

The company had registered a net profit of Rs 74.97 crore in the year-ago quarter.

The company's total income during the October-December period grew by 3.6 per cent to Rs 792.08 crore as against Rs 764.71 crore a year ago, Ujjivan Financial Services said in a regulatory filing.

Total expenses rose to Rs 1,454.71 crore during the quarter from Rs 664.69 crore a year ago.

Shares of the company closed at Rs 245.90 apiece on BSE, up 2.27 per cent from the previous close.

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