Archive · 23 Jul 2026
Suryoday Small Finance Bank Q1FY27 net profit zooms 113%
Suryoday Small Finance Bank had a really good first quarter in the financial year 2027.
Their net profit went up by 113% compared to the same time last year, reaching ₹75 crore.
This happened because they made more money from loans and other activities, and they had to set aside less money for bad loans.
Their non-performing assets, which are loans that aren't being paid back, also improved.
Overall, the bank is doing well and is in a better financial position than before.
Suryoday Small Finance Bank reported a 113% year-on-year increase in net profit for Q1FY27, reaching ₹75 crore.
Net interest income rose by 28% year-on-year to ₹316 crore.
Other income, including processing fees and profit on sale of investments, increased by 36% year-on-year to ₹147 crore.
Provisions declined by 41% year-on-year to ₹37 crore.
Gross non-performing assets improved to 6.60% of gross advances, down from 8.46%, and net NPAs improved to 1.27% of net advances, down from 5.64%.
- Who
- Suryoday Small Finance Bank (SSFB)
- What
- Reported a 113% year-on-year jump in net profit for Q1FY27
- When
- Q1FY27, reported on July 23, 2026
- Where
- India
- Why
- Due to healthy growth in net interest income and other income, and a decline in provisions
Positive Growth Indicators
Financial Health Improvements
Net Profit Growth
Positive Growth Indicators
The bank's net profit increased by 113% year-on-year, indicating strong financial performance.
Financial Health Improvements
The significant rise in net profit reflects effective management and operational efficiency.
Net Interest Income
Positive Growth Indicators
Net interest income rose by 28% year-on-year, showing robust growth in core banking operations.
Financial Health Improvements
The increase in net interest income highlights the bank's ability to generate revenue from its lending activities.
Other Income
Positive Growth Indicators
Other income, including processing fees and profit on sale of investments, increased by 36% year-on-year.
Financial Health Improvements
The growth in other income diversifies the bank's revenue streams and reduces reliance on interest income.
Provisions
Positive Growth Indicators
Provisions declined by 41% year-on-year, indicating better asset quality and lower expected credit losses.
Financial Health Improvements
The reduction in provisions suggests improved risk management and financial stability.
Non-Performing Assets (NPAs)
Positive Growth Indicators
Gross NPAs improved to 6.60% of gross advances, down from 8.46% in the previous year.
Financial Health Improvements
Net NPAs improved to 1.27% of net advances, down from 5.64%, indicating better asset quality and lower credit risk.
- Net Profit
- ₹75 crore (up 113% year-on-year)
- Net Interest Income
- ₹316 crore (up 28% year-on-year)
- Other Income
- ₹147 crore (up 36% year-on-year)
- Provisions
- ₹37 crore (down 41% year-on-year)
- Gross NPAs
- 6.60% of gross advances (down from 8.46%)
- Net NPAs
- 1.27% of net advances (down from 5.64%)
- Reporting Period
- Q1FY27
- Publication Date
- July 23, 2026