Suryoday Small Finance Bank zooms on turning black in Q4
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Suryoday Small Finance Bank is currently trading at Rs. 130.20, up by 5.15 points or 4.12% from its previous closing of Rs. 125.05 on the BSE.
The scrip opened at Rs. 131.55 and has touched a high and low of Rs. 134.50 and Rs. 128.10 respectively. So far 244187 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.50 on 15-May-2023 and a 52 week low of Rs. 77.20 on 01-Jul-2022.
Last one week high and low of the scrip stood at Rs. 134.50 and Rs. 112.30 respectively. The current market cap of the company is Rs. 1383.78 crore.
The promoters holding in the company stood at 23.30%, while Institutions and Non-Institutions held 22.09% and 54.61% respectively.
Suryoday Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The bank has reported net profit of Rs 38.91 crore for the quarter under review as against net loss of Rs 48.12 crore for the same quarter in the previous year. Total income of the bank increased by 41.65% at Rs 363.41 crore for Q4FY23 as compared to Rs 256.55 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported net profit of Rs 77.70 crore as against net loss of Rs 93.03 crore for the previous year. Total income of the bank increased by 23.73% at Rs 1281.10 crore for year under review as compared to Rs 1035.38 crore for year ended March 31, 2022.
