MoneyWorks4Me

South Indian Bank - Quaterly Results

20 Jul 2023 Evaluate
The company witnessed a 24.86% growth in the revenue at Rs. 20250.40 millions for the quarter ended June 2023 as compared to Rs. 16218.10 millions during the year-ago period.Net profit for the quarter ended June 2023 increased significantly by 75.42% to Rs. 2023.50 millions from Rs. 1153.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 20250.40 16218.10 24.86 20250.40 16218.10 24.86 72331.80 65865.40 9.82
Other Income 3613.10 2463.40 46.67 3613.10 2463.40 46.67 8126.30 10341.00 -21.42
Interest Expended 12172.70 10184.30 19.52 12172.70 10184.30 19.52 42211.00 43467.80 -2.89
Operating Expenses 6788.40 6788.40 27.39 6788.40 5329.00 27.39 23173.80 20262.90 14.37
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1985.00 1394.10 42.39 1985.00 1394.10 42.39 3991.20 13395.60 -70.21
Tax 893.90 620.60 44.04 893.90 620.60 44.04 3331.20 -1369.70 -343.21
PAT 2023.50 1153.50 75.42 2023.50 1153.50 75.42 7750.90 449.80 1623.19
Equity 2092.70 2092.70 0.00 2092.70 2092.70 0.00 2092.70 2092.70 0.00
OPM 24.21 19.53 23.93 24.21 19.53 23.93 20.84 18.94 10.02
Peers
Company Name CMP
HDFC Bank 692.95
ICICI Bank 1352.80
Axis Bank 1248.60
Kotak Mahindra Bank 437.35
Indusind Bank 866.00
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