Profitability & Capital Adequacy Presentation
d. Core Pre-provisioning Operating Profit
Section 9: Profitability & Capital
41% YoY growth in Core Operating Profit (excluding trading gains) during H1 FY24
The core operating profit (excluding trading gains) of the Bank is growing higher than the overall balance sheet growth. This
demonstrates the power of incremental profitability of the core business model.
Core Pre-Provisioning Operating Profit (In Rs. Crore)
Balance Sheet growth
Core operating profit growth
4Y CAGR: 43%
4,607
41% YOY growth in Core Operating
Profit in H1-FY24 against 24%
Balance sheet growth
26%
2,753
2,883
17%
(Post merger)
1,764
9%
1,909
2,040
67%
(Pre-merger
standalone Bank)
-11%
44%
1,105
8%
397
60%
H1 FY19
H2 FY19
(Annualized)
(Annualized)
FY20
FY21
FY22
FY23
H1 FY23
H1 FY24
Core operating profit for Q2-FY24 increased 38% YoY from Rs. 1,052 crore to Rs. 1,456 crore as on September 30, 2023.
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