SURYODAY Q2 : STANDALONE NET PROFIT UP 151.6% AT RS 76.5 CR (YOY), UP 1.7% (QOQ). STRONG (ON 1ST LOOK)

Net total income up 46.5% at ₹495.3 Cr (YOY); NII up 42.8% at ₹368.8 Cr (YOY). Pre-provision operating profit up 83.8% at ₹145.5 Cr (YOY), from ₹79.1 Cr. NIM 7.2% v 6.9% (YOY), 7.2% (QOQ); cost to income 70.6% v 76.6% (YOY), 70.1% (QOQ). GNPA 2.9% v 5.9% (YOY), 6.5% (QOQ); NNPA 1.5% v 3.8% (YOY), 1.2% (QOQ). Gross advances up 34.6% at ₹14,972 Cr (YOY); deposits up 35.0% at ₹16,184 Cr (YOY). Caution: PCR excluding technical write-offs fell to 48.8% from 81.8% (QOQ).

Suryoday Small Finance Bank Ltd

Open attachment

← Back to feed