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Gross non-performing assets however stood at 7.3 per cent during the quarter, up from 7.2 per cent in Q2FY23 and 6.8 per cent in Q1FY24. 'We have not done any writeoffs or sale to ARCs during the quarter. This increase is purely the steady state increase,' said Sunil Samdani, the outgoing CFO
Profit after tax (PAT) stood at Rs 721 crore in Q2 FY24 as compared to Rs 209 crore in Q2 FY23, registering a growth of 245 per cent year-on-year (YoY).