{"id":155239,"date":"2023-10-24T08:58:35","date_gmt":"2023-10-24T12:58:35","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155239"},"modified":"2023-10-24T08:58:37","modified_gmt":"2023-10-24T12:58:37","slug":"south-indian-bank-ltd-q2fy24-23-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/south-indian-bank-ltd-q2fy24-23-rise-in-profits\/","title":{"rendered":"South Indian Bank Ltd Q2FY24; 23% rise in Profits"},"content":{"rendered":"\n<p>South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>South Indian Bank Ltd reported Revenues for Q2FY24 of \u20b92,129.00 Crores up from \u20b91,740.00 Crore year on year, a rise of 22.36%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b92,075.00 Crores up from \u20b91,749.00 Crores year on year, a rise of 18.64%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9275.00 Crores up 23.32% from \u20b9223.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.31, up 22.43% from \u20b91.07 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101-839x1024.png\" alt=\"\" class=\"wp-image-155241\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/ASAI-Product-2-1.gif\" alt=\"\" class=\"wp-image-155225\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business. Financial Results: South Indian Bank Ltd reported Revenues for Q2FY24 of \u20b92,129.00 Crores up from \u20b91,740.00 Crore year on year, a rise of 22.36%. Total Expenses for [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":155241,"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":[11394,12309,10560],"class_list":["post-155239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-corporate-banking","tag-para-banking","tag-treasury"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-101.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155535,"url":"https:\/\/alphastreet.com\/india\/indian-bank-q2fy24-61-rise-in-profits\/","url_meta":{"origin":155239,"position":0},"title":"Indian Bank Q2FY24; 61% rise in Profits","author":"Hardik Bhandare","date":"October 31, 2023","format":false,"excerpt":"Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate\/Wholesale Banking, Retail Banking and Other Banking Operations. Financial Results: Indian Bank reported Revenues for Q2FY24 of \u20b913,764.00 Crores up from \u20b910,728.00 Crore year on year, a rise\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\/10\/image-183.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-183.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-183.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-183.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-183.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-183.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156472,"url":"https:\/\/alphastreet.com\/india\/bank-of-baroda-q2fy24-30-rise-in-profits\/","url_meta":{"origin":155239,"position":1},"title":"Bank of Baroda Q2FY24; 30% rise in Profits","author":"Divyansh_Kasana","date":"November 21, 2023","format":false,"excerpt":"Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services. Financial Results: Bank of Baroda reported Revenues for Q2FY24 of \u20b929,263.00 Crores up from \u20b922,424.00 Crore year on\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-264.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-264.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-264.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-264.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-264.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-264.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156285,"url":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-q2fy24-20-fall-in-profits\/","url_meta":{"origin":155239,"position":2},"title":"Karnataka Bank Ltd Q2FY24; 20% fall in Profits","author":"Hardik Bhandare","date":"November 16, 2023","format":false,"excerpt":"Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. Financial Results: Karnataka Bank Ltd reported Revenues for Q2FY24 of \u20b92,027.00 Crores up from \u20b91,771.00 Crore year on year, a rise\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-205.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-205.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-205.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-205.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-205.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-205.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155374,"url":"https:\/\/alphastreet.com\/india\/kotak-mahindra-bank-ltd-q2fy24-24-rise-in-profits\/","url_meta":{"origin":155239,"position":3},"title":"Kotak Mahindra Bank Ltd Q2FY24; 24% rise in Profits","author":"Hardik Bhandare","date":"October 27, 2023","format":false,"excerpt":"Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance. Financial Results: Kotak Mahindra Bank Ltd reported Revenues for Q2FY24\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\/10\/image-138.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-138.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-138.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-138.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-138.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-138.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155528,"url":"https:\/\/alphastreet.com\/india\/city-union-bank-ltd-q2fy24-2-rise-in-profits\/","url_meta":{"origin":155239,"position":4},"title":"City Union Bank Ltd Q2FY24; 2% rise in Profits","author":"Divyansh_Kasana","date":"October 31, 2023","format":false,"excerpt":"City Union Bank Limited is a banking company. The Bank's segments include Treasury, Corporate and Wholesale Banking, Retail Banking and Other Banking Operations.(Source : Company Web-site ) Financial Results: City Union Bank Ltd reported Revenues for Q2FY24 of \u20b91,304.00 Crores up from \u20b91,181.00 Crore year on year, a rise 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\/10\/image-192.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154961,"url":"https:\/\/alphastreet.com\/india\/federal-bank-ltd-q2fy24-35-rise-in-profits\/","url_meta":{"origin":155239,"position":5},"title":"Federal Bank Ltd Q2FY24; 35% rise in Profits","author":"Divyansh_Kasana","date":"October 17, 2023","format":false,"excerpt":"The Federal Bank Limited was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail and corporate banking, para banking activities such as debit card, third party product distribution etc., treasury and foreign exchange business. 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