Repco Bank has posted a profit after tax of R72.65 crore for the financial year ended March 31, as compared to R56.18 crore over the corresponding previous year registering a growth of 29%. The total income recorded a jump of 44.39% during the year to R521 crore from R361 crore.

The total business of the bank grew to R7,061 crore as on 31 March 2012 from R5,242 crore as on 31 March 2011 recording a y-o-y growth of 35%. The total deposits grew to R4,035 crore from R2,975 crore recording a year-on-year growth of 36%. The gross advances increased to R3,026 crore from R2,267 crore, registering a growth of 33%. The bank has added four new branches during the year taking the total net work of branches to 76.