Group attributable profit was GBP 1.8bn and RoTE was 15.0%, with all operating divisions delivering double-digit returns. Group income was GBP 7.2bn, up 11% year-on-year. C.S. Venkatakrishnan, CEO, said: "This is a strong first quarter with Group income up 11% to GBP 7.2bn and profit before tax up 16% to GBP 2.6bn, generating a Group RoTE of 15.0% and earnings per share of 11.3p. All three businesses have performed well with high quality income growth and double-digit returns. The momentum across the Group allows us to maintain a robust capital position, deliver attractive returns to shareholders, and support our customers and clients through an uncertain economic environment."
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