Suryoday SFB Q1 FY27 PAT Jumps 113% to ₹75.2 Cr, Advances Up 32.5%
Suryoday Small Finance Bank reported Q1 FY27 PAT of ₹75.2 Cr, up 113.1% YoY. Gross Advances rose 32.5% YoY to ₹14,376 Cr, and Deposits increased 29.4% YoY to ₹14,634 Cr. GNPA stood at 6.5% and NNPA at 1.2%. MD & CEO Baskar Babu Ramachandran highlighted steady business growth and focus on profitability.
The announcement details strong financial performance with substantial growth in key metrics like PAT and advances, which are material to investors and the bank's valuation.
The bank reported significant year-on-year growth in profit after tax, gross advances, and deposits, along with an improvement in asset quality metrics. Management commentary is optimistic about future growth and profitability.
Suryoday Small Finance Bank Limited (SSFB) has announced its unaudited financial results for the first quarter (Q1) ended June 30, 2026. The bank reported a Profit After Tax (PAT) of ₹75.2 Cr, marking a significant year-on-year increase of 113.1% from ₹35.3 Cr in Q1 FY26.
Gross Advances grew by 32.5% year-on-year to ₹14,376 Cr as of June 2026, compared to ₹10,846 Cr in June 2025. Disbursements also saw a healthy rise of 30.6% YoY, reaching ₹2,954 Cr in Q1 FY27 from ₹2,261 Cr in Q1 FY26. Deposits increased by 29.4% YoY to ₹14,634 Cr as of June 2026, up from ₹11,312 Cr in June 2025. Retail Deposits constituted 87.3% of total deposits.
Net interest income (NII) grew by 27.8% YoY to ₹315.7 Cr, and Pre-provision Operating Profit (PPOP) increased by 27.2% YoY to ₹138.6 Cr. The bank reported a Return on Assets (ROA) of 1.6% and a Return on Equity (ROE) of 14.5%. Gross Non-Performing Assets (GNPA) stood at 6.5% (₹931 Cr) and Net Non-Performing Assets (NNPA) at 1.2% (₹170 Cr). The Provision Coverage Ratio (PCR) was 81.8%.
Mr. Baskar Babu Ramachandran, MD & CEO, commented on the performance, stating, "We have commenced FY27 on a positive note, delivering steady business growth while maintaining our focus on expansion, risk and sustainable profitability." He highlighted the growth in advances and deposits, the strengthening of the secured retail portfolio, and the overall improvement in asset quality. Looking ahead, the bank aims to focus on building the Vikas Loan portfolio, expanding secured lending, strengthening its retail deposit franchise, and accelerating digital capabilities for sustainable growth and long-term value creation.
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Suryoday Small Finance Bank Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Suryoday Small Finance Bank Limited. Read the original for the full detail.