The Bank recorded a Profit before tax (PBT) of Rs 6.1 Bn in 1Q 2021
compared to Rs 3 Bn in 1Q 2020, denoting a growth of 101%, while Profit after tax
(PAT) increased by 83% to Rs 4.6 Bn from Rs 2.5 Bn recorded in the first
quarter of 2020. Resilient performance of all business lines along with the
improved credit quality helped bolster Sampath Bank’s performance in the first
quarter of 2021.
The Sampath Group also registered significant growth in 1Q 2021,
as evinced by the improvement in both PAT and PBT in the first quarter of the
year. The Group reported a Rs 5.1 Bn PAT and a Rs 6.7 Bn PBT for the period under