AU Small Fin Bank shares fall 12%

New Delhi: Shares of AU Small Finance Bank Ltd on Monday tumbled nearly 12 per cent after the company reported a 4 per cent decline in net profit at Rs375 crore for the third quarter ended December 2023, mainly due to a rise in bad loans.

The stock plunged 11.72 per cent to Rs625 on the BSE. At the NSE, it fell by 11.79 per cent to Rs624.35. The Jaipur-based bank had earned a profit of Rs393 crore in the same quarter of FY23.