Suryoday Small Finance Bank Q2 Profit More Than Doubles to Rs 77 Cr

New Delhi; Suryoday Small Finance Bank on Thursday reported more than a two-fold jump in its net profit to Rs 77 crore in the second quarter ended September 2026 as bad loans declined.

The lender had earned a net profit of Rs 30 crore in the year-ago period.

Total income increased to Rs 829 crore from Rs 600 crore in the corresponding period a year ago, Suryoday Small Finance Bank said in a regulatory filing.

Interest income was higher at Rs 702 crore during the period under review, from Rs 520 crore a year ago.

The bank’s asset quality improved with Gross Non-Performing Assets (NPAs) declining to 2.97 per cent of gross advances as of September 30, 2026, from 5.93 per cent by the end of the second quarter of the previous fiscal.

Net NPAs as a percentage of net advances also declined to 1.54 per cent, from 3.80 per cent a year earlier.

However, provisions and contingencies marginally increased to Rs 41 crore from Rs 40 crore earmarked during the same quarter a year ago.

The bank’s capital adequacy ratio declined to 19.37 per cent, compared to 23.41 per cent on September 30, 2025.

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