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RBL Bank's Consolidated Profit Surges in Fiscal Q4

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RBL Bank's (NSE:RBLBANK, BOM:540065) consolidated profit after tax jumped to 2.44 billion Indian rupees in the fiscal fourth quarter ended March 31, from 869.9 million rupees a year ago.

Earnings per share climbed to 3.90 rupees from 1.43 rupees a year earlier, according to a Saturday filing to the Indian stock exchanges. The EPS was lower than the 4.39 rupees estimated by analysts polled by Visible Alpha.

Interest earned by the lender in fiscal Q4 increased to 37.2 billion rupees from 34.8 billion rupees a year ago.

The bank's board proposed a dividend of 1 rupee per share of face value of 10 rupees each.

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