{"id":152577,"date":"2023-08-10T14:27:23","date_gmt":"2023-08-10T18:27:23","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152577"},"modified":"2023-08-10T14:27:24","modified_gmt":"2023-08-10T18:27:24","slug":"suryoday-small-finance-bank-ltd-q1fy24-500-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/suryoday-small-finance-bank-ltd-q1fy24-500-rise-in-profits\/","title":{"rendered":"Suryoday Small Finance Bank Ltd Q1FY24; 500% rise in Profits"},"content":{"rendered":"\n<p>Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Suryoday Small Finance Bank Ltd reported Revenues for Q1FY24 of \u20b9358.00 Crores up from \u20b9281.00 Crore year on year, a rise of 27.4%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9345.00 Crores up from \u20b9284.00 Crores year on year, a rise of 21.48%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b948.00 Crores up 500.0% from \u20b98.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b94.48, up 513.70% from \u20b90.73 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635-839x1024.png\" alt=\"\" class=\"wp-image-152578\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC. Financial Results: Suryoday Small Finance Bank Ltd reported Revenues for Q1FY24 of \u20b9358.00 Crores [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":152578,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[1792,9708,11962],"class_list":["post-152577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-financial-services","tag-nbfc","tag-small-finance-bank"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-635.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156037,"url":"https:\/\/alphastreet.com\/india\/suryoday-small-finance-bank-ltd-q2fy24-285-rise-in-profits\/","url_meta":{"origin":152577,"position":0},"title":"Suryoday Small Finance Bank Ltd Q2FY24; 285% rise in Profits","author":"Chirag Gupta","date":"November 9, 2023","format":false,"excerpt":"Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC. Financial Results: Suryoday Small Finance Bank Ltd reported Revenues\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-132.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-132.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-132.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-132.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-132.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-132.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151494,"url":"https:\/\/alphastreet.com\/india\/ujjivan-financial-services-ltd-q1fy24-1-rise-in-profits\/","url_meta":{"origin":152577,"position":1},"title":"Ujjivan Financial Services Ltd Q1FY24; 1% rise in Profits","author":"Chirag Gupta","date":"August 7, 2023","format":false,"excerpt":"Ujjivan Financial Services was registered with Reserve Bank of India (\" the RBI\") as NBFC-MFI under Non-Banking Financial Company Micro Finance Institutions (NBFC-MFIs) directions on September 05, 2013. The Company received approval from the RBI to set up a Small Finance Bank. Financial Results: Ujjivan Financial Services Ltd reported Revenues\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-274.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-274.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-274.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-274.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-274.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-274.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150124,"url":"https:\/\/alphastreet.com\/india\/ujjivan-small-finance-bank-ltd-q1fy24-60-rise-in-profits\/","url_meta":{"origin":152577,"position":2},"title":"Ujjivan Small Finance Bank Ltd Q1FY24; 60% rise in Profits","author":"Chirag Gupta","date":"July 27, 2023","format":false,"excerpt":"Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 2005 with the mission to provide financial\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-283.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-283.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-283.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-283.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-283.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-283.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152848,"url":"https:\/\/alphastreet.com\/india\/nbi-industrial-finance-company-ltd-q1fy24-3630-rise-in-profits\/","url_meta":{"origin":152577,"position":3},"title":"NBI Industrial Finance Company Ltd Q1FY24; 3630% rise in Profits","author":"Karan_Singh","date":"August 11, 2023","format":false,"excerpt":"NBI Industrial Finance Co. Ltd. is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The Company is engaged mainly in investment in shares in securities & financial activity. The Company has long-term orientation in its investments and mainly invests in listed equities. 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Financial Results: Mufin Green Finance Ltd reported Revenues for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150329,"url":"https:\/\/alphastreet.com\/india\/satin-creditcare-network-ltd-q1fy24-34-rise-in-revenue\/","url_meta":{"origin":152577,"position":5},"title":"Satin Creditcare Network Ltd Q1FY24; 34% rise in Revenue","author":"Chirag Gupta","date":"July 28, 2023","format":false,"excerpt":"Satin Creditcare Network Limited is a non-banking finance company (NBFC), licensed by the Reserve Bank of India. 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