Suryoday Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The bank has reported net profit of Rs 38.91 crore for the quarter under review as against net loss of Rs 48.12 crore for the same quarter in the previous year. Total income of the bank increased by 41.65% at Rs 363.41 crore for Q4FY23 as compared to Rs 256.55 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported net profit of Rs 77.70 crore as against net loss of Rs 93.03 crore for the previous year. Total income of the bank increased by 23.73% at Rs 1281.10 crore for year under review as compared to Rs 1035.38 crore for year ended March 31, 2022.
