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The standalone net profit for the quarter under review, which reflects the earnings from microfinance operation, stood at Rs 35 crore against Rs 218 crore loss in the corresponding period last year. The consolidated pre-provision operating profit stood at Rs 79 crore against a Rs 40 crore loss in the year-ago quarter. The asset under management for the group grew 31% year-on-year to Rs 5364 crore at the end of September. The gross non-performing assets ratio improved to 2.54% from 5.62% a year prior. Net NPA stood at 0.50% against 1.17% over the same period, with a provision coverage ratio being maintained at around 80% at the end of the reporting cycle. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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