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Informist, Thursday, Nov. 6, 2025

 

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--Suryoday Small Fin Bk Jul-Sept net profit INR 304.1 mln vs INR 453.9 mln 
--Suryoday Small Fin Bk Jul-Sept total income INR 6 bln vs INR 5.55 bln 
--Suryoday Small Fin Bk Jul-Sept provisions INR 398.5 mln vs INR 667.7 mln 
--Suryoday Small Fin Bk gross NPA ratio 5.93% as on Sept 30 vs 8.46% qtr ago 
--Suryoday Small Fin Bk net NPA ratio 3.80% as on Sept 30 vs 5.64% qtr ago 
--Suryoday Small Fin Bk capital adequacy ratio 23.41% as on Sept 30 
--Suryoday Small Fin Bk Apr-Sept net profit INR 656.9 mln vs INR 1.15 bln 
--Suryoday Small Fin Bk Apr-Sept total income INR 12.03 bln vs INR 11.13 bln 
--Suryoday Small Fin Bk board OKs raising up to INR 10 bln via equity 

By Srijita Bose

 

MUMBAI – Rise in expenses led to a fall in net profit of Suryoday Small Finance Bank Ltd. in the quarter ended September. The rise in its earnings from core operations was also muted, which added to the fall in net profit.

 

The bank's net profit for the September quarter was INR 304.1 million, down from INR 453.9 million a year ago. In the previous quarter, the bank had earned a net profit of INR 352.8 million.

 

The bank's interest earned rose to INR 5.20 billion from INR 5.07 billion a year ago. In the previous quarter, interest income of the bank was INR 4.95 billion. Within this, the bank's income from investments rose 9.6% on year to INR 538.2 million, earnings from interest, discount on advances, or bills rose merely 1.2% to INR 4.56 billion in the September quarter.

 

However, other income of the bank saw a sharp rise of over 68% on year to INR 798.4 million. This led to a rise of 8.1% on year in the total income of the bank during the September quarter.

 

Total expenses of the bank excluding provisions and contingencies rose nearly 22% on year to INR 5.20 billion during the quarter. Within this, interest expended by the bank saw over 26% jump to INR 2.61 billion. However, provisions and contingencies of the bank fell 40% on year to INR 398.5 million, which limited the fall in net profit of the bank.

 

On the asset quality front, the ratio of gross non-performing assets of the bank stood at 5.93% as on Sept. 30, down from 8.46% a quarter ago. The net non-performing assets ratio fell to 3.80% as at the end of September, from 5.64% a quarter ago. The bank's capital adequacy ratio stood at 23.41% as on Sept. 30.

 

While announcing its earnings, the small finance bank said that its board has approved raising INR 10 billion through issuance of equity shares or any other eligible securities. This issuance could be through a preferential allotment, qualified institutional placement, or private placement or through rights issue or any other permissible modes to be decided by the board. The bank announced its earnings after market hours. On Thursday, shares of the bank ended 2% lower at INR 149.14 on the National Stock Exchange.

 

In the first six months of the current financial year, the bank earned a net profit of INR 656.9 million, down from INR 1.15 billion a year ago. Total income for the first six months of 2025-26 (Apr-Mar) stood at INR 12.03 billion, up from INR 11.13 billion a year ago.  End

 

Edited by Ashish Shirke

 

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