Suryoday Small Finance Bank’s Performance Analyzed

Suryoday Small Finance Bank had a strong quarter, showing significant growth in its profits and overall income. Specifically, the bank’s total operating income jumped up by 11.48% reaching Rs 543.87 crore. This growth is a good sign for the bank’s future performance.

Key Points

• Bank’s income increased by 11.48% to Rs 543.87 crore.
• Net profit grew by 9.79% to Rs 36.56 crore.
• Operating income rose from Rs 487.85 crore to Rs 543.87 crore.
• Profit Margin (OPM) improved to 43.02% from 44.64%.
• Profit Before Tax (PBDT) increased by 27% to Rs 47.79 crore.
• Net Profit (NP) climbed to Rs 36.56 crore from Rs 33.30 crore.

Financial Performance Breakdown

The bank’s net profit increased by 9.79% to Rs 36.56 crore compared to the previous quarter’s Rs 33.30 crore. This reflects the bank’s ability to manage its finances effectively. The profit before tax (PBDT) also saw a notable increase of 27% to Rs 47.79 crore.

Key Metrics

The Operating Profit Margin (OPM) rose slightly to 43.02% up from 44.64% in the prior quarter. This indicates better efficiency in generating profit from its operations. These key figures highlight the bank’s steady progress.

Strong financial results demonstrate Suryoday Small Finance Bank’s strategic growth initiatives.