South Indian Bank net profit Q1 registered a growth of 45%
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- South Indian Bank net profit Q1 registered a growth of 45%
- Net profit of the Bank for quarter is up by 45.36% from Rs.202.35 Cr. in Q1 FY 24 to Rs.294.13 Cr. in Q1 FY 25
- GNPA came down by 63 bps from 5.13% to 4.50% on Y-o-Y basis
- NNPA dropped by 41 bps from 1.85% to 1.44% on Y-o-Y basis
- Return on Equity improved by 110 bps from 11.80% to 12.90 % Y-o-Y basis
- Return on Assets increased by 27 bps from 0.73% to 1.00% Y-o-Y basis
- Gross advances grew by Rs. 8,478 Crore from Rs. 74,102 to Rs. 82,580 Crore, showing an increase of 11.44% on Y-o-Y basis
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