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South Indian Bank - Quaterly Results

20 Jul 2023 Evaluate
A fair growth of 24.86% in the revenue at Rs. 20250.40 millions was reported in the June 2023 quarter as compared to Rs. 16218.10 millions during year-ago period.Net profit surges 75.42% to Rs. 2023.50  millions  from Rs. 1153.50 millions in the quarter ended June 2023.


(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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