Suryoday Small Finance Bank reports over 6-fold jump in Q1 net profit

Suryoday Small Finance Bank Ltd. | Bank - Private | BFSI | BSE: 543279 | NSE: SURYODAY

11 Aug 2023 Evaluate

Suryoday Small Finance Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).

The bank has reported over 6-fold jump in its net profit at Rs 47.60 crore for the quarter under review as compared to Rs 7.75 crore for the same quarter in the previous year. Total income of the bank increased by 38.88% at Rs 409.13 crore for Q1FY24 as compared Rs 294.60 crore for the corresponding quarter previous year.

Suryoday Small Finance Bank commenced its microfinance operations in 2009 and offers a variety of asset and liability products and services designed for inclusive finance and general banking customers.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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