MoneyWorks4Me

South Indian Bank - Quaterly Results

18 Jan 2024 Evaluate
The company witnessed a 15.06% growth in the revenue at Rs. 21840.90 millions for the quarter ended December 2023 as compared to Rs. 18982.70 millions during the year-ago period.The company almost doubled its revenue to Rs. 3053.60 millions  from Rs. 1027.50 millions in the quarter ended December 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Interest Earned 21840.90 18982.70 15.06 63381.30 52602.20 20.49 72331.80 65865.40 9.82
Other Income 4524.10 -341.80 -1423.61 11694.90 4672.60 150.29 8126.30 10341.00 -21.42
Interest Expended 13650.60 10731.20 27.20 38807.50 31053.20 24.97 42211.00 43467.80 -2.89
Operating Expenses 7879.90 7879.90 34.07 21927.40 16763.80 30.80 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 485.50 414.30 17.19 2983.00 3601.30 -17.17 3991.20 13395.60 -70.21
Tax 1295.40 590.60 119.34 3533.10 1444.50 144.59 3331.20 -1369.70 -343.21
PAT 3053.60 1027.50 197.19 7825.20 4412.00 77.36 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 22.14 10.71 106.74 22.63 17.98 25.85 20.84 18.94 10.02
Peers
Company Name CMP
HDFC Bank 692.70
ICICI Bank 1353.20
Axis Bank 1250.80
Kotak Mahindra Bank 437.50
Indusind Bank 865.60
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