Suryoday Small Finance Bank Limited — Updates, 24-10-2024: Press Release
24-10-2024 · 07:46 pm
Suryoday Small Finance Bank reported strong Q2 and H1 FY25 results, with gross advances growing 35.2% YoY to ₹9,360 Cr and deposits increasing 38.6% YoY to ₹8,851 Cr. Total income rose by 27.4% YoY to ₹347.4 Cr, while net interest income surged 35.7% YoY to ₹300 Cr. However, profit after tax declined 9.8% YoY to ₹45.4 Cr. The bank maintains stable asset quality, with GNPA at 2.9% and NNPA at 0.8%.
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