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CSB Bank Ltd Q2FY24; 10% rise in Profits

CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services ,oldest private sector banks in India with a history of over 98 years, and a strong base in Kerala , Bank focus on SME, retail, and NRI customers.

Financial Results:

CSB Bank Ltd reported Revenues for Q2FY24 of ₹687.00 Crores up from ₹555.00 Crore year on year, a rise of 23.78%.

Total Expenses for Q2FY24 of ₹658.00 Crores up from ₹439.00 Crores year on year, a rise of 49.89%.

Consolidated Net Profit of ₹133.00 Crores up 9.92% from ₹121.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.68, up 10.50% from ₹6.95 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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