However, total income jumped 29.89% YoY to Rs 554.65 crore in the quarter ended 30 September 2024. Profit before tax stood at Rs 60.15 crore in Q2 FY25, registering de-growth of 11.12% from Rs 67.68 crore recorded in Q2 FY24. Net Interest Income (NII) grew by 35.7% to Rs 300 crore in Q2 FY25 from Rs 221 crore posted in the same quarter a year ago. Net interest margin improved to 9.7% in Q2 FY25 as compared with 9.4% registered in Q2 FY24. Pre Provisioning Operating Profit (PPoP) stood at Rs 126.9 crore in Q2 FY25, registering a growth of 34.5% from Rs 94.3 crore in Q2 FY24. As of 30 September 2024, the bank's gross non-performing assets (NPAs) stood at Rs 273.02 crore, an increase from Rs 240.99 crore as of 30 June 2024 and Rs 197.73 crore as of 30 September 2023. The bank's NPAs to gross advances stood at 3.03% in Q2 FY25, an increase from 2.84% in Q1 FY25 and up from 2.90% in Q2 FY24. The ratio of net NPAs to net advances was 0.80% as of 30 September 2024, compared to 0.47% as of 30 June 2024, and 1.46% as of 30 September 2023. In Q2 FY25, the provision coverage (Excluding Technical Write offs) ratio was at 74.3% as compared to 50.5% recorded in the corresponding quarter previous year. Disbursements stood at Rs 1,682 crore in Q2 FY25 as compared to Rs 1,598 crore posted in Q2 FY24, an increase of 5.2% YoY. Disbursement continues to be stable across all segments supported by significant traction in wheels and mortgages segments. The bank's deposits stood at Rs 8,851 crore, reflecting a 38.6% YoY increase. The CASA ratio was 17.9% as of September 2024, up from 15.7% reported in September 2023. The overall collection efficiency in the current bucket was 98.2% in Q2 FY25, down from 99.1% recorded in Q2 FY24. Additionally, the collection efficiency (adjusted for one EMI) stood at 93.1% in Q2 FY25, compared to 96% in Q2 FY24. During the quarter, the capital adequacy ratio was at 24.9%, with Tier I capital at 23.5% and Tier II capital at 1.4%. Baskar Babu Ramachandran, MD & CEO, Suryoday Small Finance Bank, said, 'The bank delivers a reasonable steady performance in H1 FY25, driven by growth in advances and deposits. Vikas Loan saw steady growth, supported by strong traction in the wheels and mortgages segments. On deposit mobilisation side industry is facing competition and to tackle this challenge we have been constantly upgrading and innovating our product portfolio. We remain focused to improve our deposit base by gradually increasing share of retail deposits, as on September 2024 our retail deposits stood at 80.2% of the total deposits. Overall the industry is passing through a difficult phase of asset quality deterioration but we through our prudent underwriting and robust risk management were able to maintain healthy asset quality, our GNPA has remained stable to 2.9% in Q2FY25 and our NNPA which stood at 1.4% in Q2FY24 has improved to 0.8% in Q2FY25. The bank continues to cover its eligible unsecured portfolio under the CGFMU scheme to mitigate risks. We as an institution believe in digital innovation to cater to the changing needs of our customers. Our Inclusive Finance loan disbursement process is completely digital and paperless. On the deposits front, we have invested in digital banking infrastructure which helps us source digital deposits through various platforms. In parallel, we continue to focus on widening our reach by adding new branches each year across the country. During the quarter, we opened our very first retail banking branch in the Jaipur which signifies our commitment to expand the footprint in northern India. We have also opened Smart Banking Outlets (SBOs) in certain micro markets. These SBOs are customer touch points which offer all banking services but have a focused target segment within around 2 km radius. We remain committed to deliver better performance across all business performance parameters and going forward the bank will keep on investing in branches, people, and technology to serve the economy better.' Suryoday Small Finance Bank is a scheduled commercial bank. Commencing its operations as an NBFC and for over a decade with a clear focus on serving customers in the unbanked and underbanked segments and promoting financial inclusion. The bank has a wide presence across 15 states and UTs across India through its 704 banking outlets, with a strong presence in Maharashtra, Tamil Nadu and Odisha. It offers a wide array of services to our customers, through our array of asset and liability products, via our multiple delivery channels. Powered by Capital Market - Live

Net profit of Suryoday Small Finance Bank declined 9.76% to Rs 45.39 crore in the quarter ended September 2024 as against Rs 50.30 crore during the previous quarter ended September 2023. Total Operating Income rose 35.17% to Rs 507.20 crore in the quarter ended September 2024 as against Rs 375.24 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income507.20375.24 35 OPM %43.3645.33 - PBDT60.1567.68 -11 PBT60.1567.68 -11 NP45.3950.30 -10 Powered by Capital Market - Live

Suryoday Small Finance Bank will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live

Suryoday Small Finance Bank announced that the Annual General Meeting (AGM) of the bank will be held on 12 September 2024.Powered by Capital Market - Live

Net profit of Suryoday Small Finance Bank rose 47.18% to Rs 70.06 crore in the quarter ended June 2024 as against Rs 47.60 crore during the previous quarter ended June 2023. Total Operating Income rose 36.31% to Rs 488.12 crore in the quarter ended June 2024 as against Rs 358.09 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income488.12358.09 36 OPM %44.5540.71 - PBDT92.7263.42 46 PBT92.7263.42 46 NP70.0647.60 47 Powered by Capital Market - Live

Suryoday Small Finance Bank will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live