Suryoday Small Finance Financial institution (NSE:SURYODAY) Second Quarter 2023 Outcomes
Key Monetary Outcomes
- Income: ₹1.24b (up 49% from 2Q 2022).
- Web earnings: ₹130.0m (up from ₹19.2m loss in 2Q 2022).
- Revenue margin: 10% (up from web loss in 2Q 2022). The transfer to profitability was pushed by greater income.
- EPS: ₹1.22 (up from ₹0.18 loss in 2Q 2022).
All figures proven within the chart above are for the trailing 12 month (TTM) interval
Suryoday Small Finance Financial institution shares are up 7.1% from every week in the past.
Stability Sheet Evaluation
Whereas earnings are necessary, one other space to think about is the stability sheet. We have carried out some evaluation and you can see our take on Suryoday Small Finance Bank’s balance sheet.
Valuation is complicated, however we’re serving to make it easy.
Discover out whether or not Suryoday Small Finance Financial institution is probably over or undervalued by trying out our complete evaluation, which incorporates truthful worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.
Have suggestions on this text? Involved in regards to the content material? Get in touch with us immediately. Alternatively, electronic mail editorial-team (at) simplywallst.com.
This text by Merely Wall St is common in nature. We offer commentary primarily based on historic information and analyst forecasts solely utilizing an unbiased methodology and our articles are usually not supposed to be monetary recommendation. It doesn’t represent a suggestion to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary scenario. We intention to deliver you long-term centered evaluation pushed by basic information. Be aware that our evaluation could not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.