Earnings Review
Suryoday Small Fin Bank posts net profit against Q4 loss
This story was originally published at 21:49 IST on 24 July 2025
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--Suryoday Small Fin Bk Apr-Jun net profit INR 352.8 mln vs INR 700.6 mln
--Suryoday Small Fin Bk Apr-Jun total income INR 6.04 bln vs INR 5.58 bln
--Suryoday Small Fin Bk Apr-Jun provisions INR 620.9 mln vs INR 515.6 mln
--Suryoday Small Fin Bk gross NPA ratio 8.46% as on Jun 30 vs 7.16% qtr ago
--Suryoday Small Fin Bk net NPA ratio 5.64% as on Jun 30 vs 4.58% qtr ago
--Suryoday Small Fin Bank capital adequacy ratio 24.61% as on Jun 30
By Ketaki Patil
MUMBAI – A sharp rise in other income and a sharp fall in provisions helped Suryoday Small Finance Bank post a net profit for the June quarter compared with a loss it had reported in the March quarter. The rise in other income, both on year and on quarter, was higher than the net profit the bank reported for the latest quarter.
The small finance bank reported a net profit of INR 352.8 million for the June quarter as an 81% sequential rise in other income boosted total income by almost 14% on quarter despite a much smaller 5.2% increase in interest income. The net profit was higher than the INR 275 million expected by the only brokerage that had an earnings estimate for the bank. The net profit is down almost 50% from the year-ago quarter.
The bank's interest income rose 5.2% on quarter and 1.4% on year to INR 4.95 billion while its total income rose 8% on year and 14% on quarter to INR 6.04 billion, boosted mainly by a 40% on-year increase in treasury income to INR 808 million.
The bank's gross advances were INR 108 billion at the end of the June quarter, up 20% on year from INR 90 billion. The bank's total disbursements were INR 22.61 billion, up 30% from INR 17.40 billion a year ago. Total deposits rose 39% to INR 113.12 billion from INR 81.37 billion a year ago.
The bank said its collection efficiency, adjusted for one equated monthly instalment, was 86.4% in the June quarter, down from 94.8% a year ago, primarily because of its inclusive finance portfolio. The bank's net interest income was INR 2.47 billion for the June quarter, down almost 16% from INR 2.93 billion in the year-ago quarter.
The bank's provisions were INR 621 million, up 20% on year but down almost 34% sequentially. The bank said its gross non-performing assets ratio was 8.46% at the end of the June quarter, up from 7.16% from the trailing quarter and up sharply from 2.8% a year ago. The bank said its net non-performing assets were INR 5.93 billion, of which it had receivables of INR 5.84 billion under the Credit Guarantee Fund for Micro Units.
The bank's ratio of current account savings account deposits was 17.7%, down 317 bps on quarter and unchanged from a year ago. The bank's capital adequacy ratio was 24.61%, down from 25.83% on quarter and also down from 27.27% a year ago.
Thursday, shares of Suryoday Small Finance Bank closed at INR 138.43 on the National Stock Exchange, down 1%, before the company announced its financial results. End
Edited by Akul Nishant Akhoury
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