Archive · 24 Jul 2025
Suryoday SFB Q1 Profit Drops, Asset Quality Slips
Suryoday Small Finance Bank didn't do as well this past quarter.
Their profit dropped by about half compared to last year.
They also earned less interest from loans, and more people weren't paying back their loans, which are called non-performing assets.
As a result, the bank's stock price went down a little bit.
Suryoday Small Finance Bank's Q1 net profit decreased by nearly 50% year-on-year to ₹35.2 crore.
Net interest income fell by 2.1% to ₹355.8 crore.
Gross non-performing assets rose to 8.46% in the June quarter.
Net NPA increased to 5.64% quarter-on-quarter.
The bank's shares closed at ₹138.20, down 1.14% on the BSE.
- Who
- Suryoday Small Finance Bank.
- What
- Suryoday Small Finance Bank's Q1 net profit and financial performance declined.
- When
- The first quarter ended June 2025.
- Where
- BSE
- Why
- Not explicitly stated in the articles.
- Net Profit (Q1 FY25)
- ₹35.2 crore
- Net Profit (Q1 FY24)
- ₹70 crore
- Net Interest Income
- ₹355.8 crore
- Gross NPA
- 8.46%
- Net NPA
- 5.64%
- Share Price at Close
- ₹138.20