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Suryoday Small Finance Bank Q4 Results: Net profit soars 56% YoY to Rs 61 crore

Suryoday Small Finance Bank Q4 Results: Net profit soars 56% YoY to Rs 61 crore

The bank's net interest margin for the quarter was 10.1% against 10.4% in the same quarter last year, although it rose sequentially from 9.8%. Operating profit was 25.5% higher at Rs 128 crore against Rs 102 crore. Provisions and contingencies were a ltad lower at Rs 48 crore against Rs 51.5 crore.

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