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South Indian Bank - Quaterly Results

16 Oct 2024 Evaluate
A fair growth of 10.60% in the revenue at Rs. 23547.20 millions was reported in the September 2024 quarter as compared to Rs. 21290.00 millions during year-ago period.A slim rise of 18.15% was recorded in the Net profit for the quarter ended September 2024 to Rs. 3246.90  millions  From Rs. 2748.10 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Interest Earned 23547.20 21290.00 10.60 46691.30 41540.40 12.40 86128.00 72331.80 19.07
Other Income 4494.70 3557.70 26.34 8711.90 7170.80 21.49 15155.20 8126.30 86.50
Interest Expended 14724.40 12984.20 13.40 29210.80 25156.90 16.11 52807.50 42211.00 25.10
Operating Expenses 7815.00 7815.00 7.66 15613.10 14047.50 11.15 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 1100.10 512.50 114.65 2229.60 2497.50 -10.73 3389.20 3991.20 -15.08
Tax 1155.50 1343.80 -14.01 2161.50 2237.70 -3.41 4586.70 3331.20 37.69
PAT 3246.90 2748.10 18.15 6188.20 4771.60 29.69 10700.80 7750.90 38.06
Equity 2616.30 2092.70 25.02 2616.30 2092.70 25.02 2615.90 2092.70 25.00
OPM 23.37 21.63 8.05 22.66 22.89 -0.99 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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