CSB Bank posts 180% jump in net profit at Rs 148 crore (2024)

FAQs

Why is CSB Bank share falling? ›

Shares of CSB Bank Ltd plunged 8 per cent in Friday's trade as net profit fell 3 per cent to Rs 151.46 crore for the March quarter compared with Rs 156.34 crore in the same quarter last year. Profit fell even as other income jumped 52 per cent YoY to Rs 179.38 crore.

As a rule of thumb, 5% is a low margin, 10% is a healthy margin, and 20% is a high margin.

Summary of CSBBANK Share Price Forecast for 2025

The initial price target for CSB Bank Ltd in 2025 is projected to be ₹612. With favorable market conditions, the mid-year price target for CSB Bank Ltd could reach ₹575.

CSB Bank Ltd. has an average target of 422. The consensus estimate represents an upside of 29.29% from the last price of 326.40. View 6 reports from 3 analysts offering long-term price targets for CSB Bank Ltd..

A net profit margin of less than 5% is relatively low in most industries and can indicate financial risk and unsustainability. A higher net profit margin typically indicates the company is managing its costs well and generating good levels of revenue.

You may be asking yourself, “what is a good profit margin?” A good margin will vary considerably by industry, but as a general rule of thumb, a 10% net profit margin is considered average, a 20% margin is considered high (or “good”), and a 5% margin is low.

But in general, a healthy profit margin for a small business tends to range anywhere between 7% to 10%. Keep in mind, though, that certain businesses may see lower margins, such as retail or food-related companies. That's because they tend to have higher overhead costs.

Which bank gives the best returns? ›

Shareholders: CSB Bank Limited

Fairbridge Capital Pvt Ltd. SBI Funds Management Ltd. Sundaram Asset Management Co. Ltd.

What are the 52 Week High and 52 Week Low of CSB Bank Ltd.? The 52-week high/low is the highest and lowest price at which CSB Bank Ltd. stock has traded in the past 52-week or nearly a year. The 52-week high of CSB Bank Ltd. is ₹421.95 and 52-week low of CSB Bank Ltd. is ₹290.65 as on Aug 09, 2024.

［［CSB］］Bank Limited (erstwhile Catholic Syrian Bank Limited) is an Indian private sector bank with its headquarters at Thrissur, Kerala, India.

Debt to Equity Ratio 0.462 of CSB Bank Ltd. indicates to run a business company uses lower amount of long-term debt. Debt to Equity Ratio of CSBBANK rose handsomely by 89.04 % this year. Debt to Equity Ratio with value of 0.757 was highest in Year Mar-22 in last Five Years.