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South Indian Bank - Quaterly Results

18 Jul 2024 Evaluate
The Revenue for the quarter ended  June 2024 of Rs. 23144.10 millions grew by 14.29 % from Rs. 20250.40 millions.A comparatively good net profit growth of 45.36% to Rs. 2941.30 millions was reported for the quarter ended June 2024 compared to Rs. 2023.50 millions of previous same quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Interest Earned 23144.10 20250.40 14.29 23144.10 20250.40 14.29 86128.00 72331.80 19.07
Other Income 4217.20 3613.10 16.72 4217.20 3613.10 16.72 15155.20 8126.30 86.50
Interest Expended 14486.40 12172.70 19.01 14486.40 12172.70 19.01 52807.50 42211.00 25.10
Operating Expenses 7798.10 7798.10 14.87 7798.10 6788.40 14.87 29799.00 23173.80 28.59
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1129.50 1985.00 -43.10 1129.50 1985.00 -43.10 3389.20 3991.20 -15.08
Tax 1006.00 893.90 12.54 1006.00 893.90 12.54 4586.70 3331.20 37.69
PAT 2941.30 2023.50 45.36 2941.30 2023.50 45.36 10700.80 7750.90 38.06
Equity 2616.20 2092.70 25.02 2616.20 2092.70 25.02 2615.90 2092.70 25.00
OPM 21.94 24.21 -9.39 21.94 24.21 -9.39 21.68 20.84 4.06
Peers
Company Name CMP
HDFC Bank 713.00
ICICI Bank 1345.00
Axis Bank 1238.05
Kotak Mahindra Bank 417.00
Indusind Bank 960.00
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