Average Net Profit of Commercial Banks stands at Rs 50.59 crore in Q2 2072/73; Comparative analysis of Net Profit

Thu, Feb 25, 2016 4:00 AM on Latest, Exclusive, Financial Analysis, Featured,
All 30 commercial banks have reported profit in there 2nd quarter report (Net Profit) of 2072/73.Total Net profit of all commercial banks amounted Rs 1517.69 crores in Q2 of this fiscal whereas Total Operating profit amounted Rs 1837.19 crores.
(in crore)
Total Net Profit (Rs.) 1517.69
Average Net Profit (Rs.) 50.59
Total Operating Profit (Rs.) 1837.19
Average Operating Profit (Rs.) 61.24
Total Commercial Banks 30
 

Contribution in net profit by all commercial banks

Net Profit and Operating Profit of commercial banks

Among all commercial banks, 4 banks reported their net profit above Rs 100 crore in 2nd quarter of this year.
Profit in crore (Rs.) Number of banks
above 100 4
60 to 80 5
40 to 50 8
20 to 40 8
10 to 20 5

 Growth in this quarter (Q2) compared to Q2 of last year

Average growth rate of Net profit of commercial banks in Q2 of this year stood at 31.49%.

Among 30 commercial banks, 22 banks have positive growth rate of which 13 banks have growth rate above average.

Fig: 4

However, 8 commercial banks shown negative growth in Net Profit of this year’s 2nd quarter report than Q2 of last year.

Performance of Banks

If we compare 2 consecutive growth rate of 2nd quarter of the commercial banks (growth rate in Q2 of this year compared to growth rate in Q2 of last year). We can see 13 of the commercial banks has increased their growth rate by more than 10 percent.

Fig: 5 SANIMA and SBI shown similar growth in this year and last year (Q2).
Banks Growth in
Q2 (72/73) Q2 (71/72)
SANIMA 46.68% 43.12%
SBI 17.11% 16.06%
However, growth rate of 13 commercial banks decreased by more than 10 percent among which JBNL topped the list.