{"id":12097,"date":"2025-07-25T18:39:19","date_gmt":"2025-07-25T13:09:19","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12097"},"modified":"2025-09-02T14:05:43","modified_gmt":"2025-09-02T08:35:43","slug":"suryoday-small-finance-bank-q1-results","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/quarterly-results\/suryoday-small-finance-bank-q1-results\/","title":{"rendered":"Suryoday Small Finance Bank Q1 Results Highlights: Net Profit Declines 50%, Deposits Surge by 39%"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]Suryoday Small Finance Bank, a leading player in India’s banking sector<\/a>, reported its Q1 FY26 results on Thursday, 24th July 2025. The results reflected a challenging quarter for the bank as it posted a significant drop in net profit.\u00a0<\/span>\u00a0<\/span><\/p>\n

For Q1 FY26, the bank reported a 49.6% year-on-year decline in net profit, bringing it down to \u20b935.3 crore from \u20b970.1 crore in the same period last year. This underperformance was attributed to the continued stress in the microfinance sector, which affected the bank\u2019s net interest income (NII) and credit costs.<\/span>\u00a0<\/span><\/p>\n

<\/span>Key Financial Results for Suryoday Small Finance Bank Q1 FY26:<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n\n\n\n\n\n\n
\u00a0<\/span><\/td>\nQ1 FY26<\/span><\/b>\u00a0<\/span><\/td>\nQ4 FY25<\/span><\/b>\u00a0<\/span><\/td>\nQ1 FY25<\/span><\/b>\u00a0<\/span><\/td>\nYoY Growth (%)<\/span><\/b>\u00a0<\/span><\/td>\nQoQ Growth (%)<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
Total Income (Cr)<\/span><\/b>\u00a0<\/span><\/td>\n603.8<\/span>\u00a0<\/span><\/td>\n530.7<\/span>\u00a0<\/span><\/td>\n558.3<\/span>\u00a0<\/span><\/td>\n8.2<\/span>\u00a0<\/span><\/td>\n13.8<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Net profit (Cr)<\/span><\/b>\u00a0<\/span><\/td>\n35.3<\/span>\u00a0<\/span><\/td>\n(33.8)<\/span>\u00a0<\/span><\/td>\n70.1<\/span>\u00a0<\/span><\/td>\n-49.6 (Loss)<\/span>\u00a0<\/span><\/td>\n–<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
EPS<\/span><\/b>\u00a0<\/span><\/td>\n3.3<\/span>\u00a0<\/span><\/td>\n(3.2)<\/span>\u00a0<\/span><\/td>\n6.6<\/span>\u00a0<\/span><\/td>\n-49.3 (Loss)<\/span>\u00a0<\/span><\/td>\n–<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Despite the challenges, the bank’s advances and deposits showed significant growth, with advances rising by 20% to \u20b910,846 crore and deposits growing by 39% to \u20b911,312 crore compared to the previous year.<\/span>\u00a0<\/span><\/p>\n

<\/span>Important Updates from Suryoday Small Finance Bank Latest Financial Results<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n

<\/span>Bank’s Profitability Decline<\/span><\/b><\/span><\/h3>\n

Suryoday Small Finance Bank\u2019s profitability took a hit as the net profit dropped by 50% in Q1 FY26 compared to the same period in the previous year. The decline in net profit is mainly attributed to the persistent stress in the microfinance sector, affecting NII and credit costs.<\/span>\u00a0<\/span><\/p>\n

<\/span>Growth in Gross Advances & Deposits<\/span><\/b><\/span><\/h3>\n

While the profitability took a downturn, the bank showed resilience in its business growth. Gross advances grew by 20% year-on-year, reaching \u20b910,846 crore. Deposits also grew by 39% to \u20b911,312 crore. The bank continues to expand its presence in both the retail and MSME segments, showing promise for future growth.<\/span>\u00a0<\/span><\/p>\n

<\/span>Rising NPAs<\/span><\/b><\/span><\/h3>\n

The Gross Non-Performing Assets (GNPA) ratio increased to 8.5% in Q1 FY26, up from the previous year’s figure. Similarly, the Net Non-Performing Assets (NNPA) ratio increased to 5.6%. This rise in NPAs is a key concern for the bank, and they have indicated that improving collection efficiency in the Inclusive Finance sector will be a priority.<\/span>\u00a0<\/span><\/p>\n

<\/span>Microfinance Sector Stress<\/span><\/b><\/span><\/h3>\n

The bank highlighted the ongoing challenges in the microfinance sector, which continue to weigh on its profitability. However, the management expressed confidence that with better collection efficiencies and a diversified portfolio, the bank will see an improvement in performance moving forward.<\/span>\u00a0<\/span><\/p>\n

<\/span>Disbursement Growth<\/span><\/b><\/span><\/h3>\n

Disbursements in Q1 FY26 stood at \u20b92,261 crore, up 30% from the previous year\u2019s \u20b91,740 crore. This growth is primarily driven by the bank\u2019s efforts to expand in the retail and MSME sectors.<\/span>\u00a0<\/span><\/p>\n

<\/span>Looking Forward<\/span><\/b><\/span><\/h2>\n

Suryoday Small Finance Bank<\/a> management remains optimistic about its strategy of focusing on individual loans in Inclusive Finance, diversifying its asset mix, and strengthening its deposit base. The bank plans to leverage digital platforms to support consistent and profitable growth through FY26 and beyond.<\/span>\u00a0<\/span><\/p>\n

To stay updated with daily <\/span>financial results<\/span><\/a>, market insights, and developments, make sure to follow Torus Digital!<\/span>\u00a0<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_id=”share_rating”][vc_column_inner width=”1\/2″][vc_column_text css=””]<\/p>\n

Rate this article<\/h6>\n