Suryoday Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The bank has reported 56.36% rise in its net profit at Rs 60.84 crore for the quarter under review as compared to Rs 38.91 crore for the same quarter in the previous year. Total income of the bank increased by 40.16% at Rs 509.36 crore for Q4FY24 as compared Rs 363.41 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the bank has reported over 2-fold jump in net profit at Rs 215.96 crore as compared to Rs 77.70 crore for the previous year. Total income of the bank increased by 41.14% at Rs 1,808.09 crore for year under review as compared to Rs 1,281.10 crore for year ended March 31, 2023.
