Kamath has been appointed as the CFO of the bank in order to fill the vacancy caused by the early retirement of erstwhile CFO, Ramesh Murthy. He will take charge on or before 3 January 2025. Kamath is a qualified CA and CS with over 30 years of experience in corporate finance and corporate governance. He has multi-functional experience of around 27 years of working in Tata Group out of which 18 years in various senior positions (CFO/CS/Compliance Officer) across key group companies. He is presently in employment with Credit Access Grameen where he was designated as the CFO from 2020 till August 2024. Ujjivan Small Finance Bank serves approximately 92 lakh customers through 752 branches and 23,746 employees spread across 326 districts and 26 states and union territories in India. The bank reported 28.89% decline in net profit to Rs 233.03 crore despite of 15.20% rise in total income to Rs 1,820.04 crore in Q2 FY25 over Q2 FY24. The scrip declined 3.89% to close at Rs 36.59 on Thursday, 24 October 2024.Powered by Capital Market - Live

Ujjivan Small Finance Bank has appointed S. Balakrishna Kamath as the Chief Financial Officer of the Bank. Kamath will take charge on or before 03 January 2025. Powered by Capital Market - Live

However, total income jumped 15.20% YoY to Rs 1,820.04 crore in the quarter ended 30 September 2024. Profit before tax stood at Rs 310.29 crore in Q2 FY25 as against Rs 436.44 crore reported in the same period last year. Net Interest Income (NII) grew by 14.70% to Rs 944 crore in Q2 FY25 from Rs 823 crore posted in the same quarter a year ago. Net interest margin improved to 9.2% in Q2 FY25 as compared with 8.8% registered in Q2 FY24. Pre Provisioning Operating Profit (PPoP) stood at Rs 461 crore in Q2 FY25, registering de-growth of 4.55% from Rs 483 crore in Q2 FY24. As of 30 September 2024, the bank's gross non-performing assets (NPAs) stood at Rs 749.96 crore, an increase from Rs 697.24 crore as of 30 June 2024 and Rs 585.80 crore as of 30 September 2023. The bank's NPAs to gross advances stood at 2.52% in Q2 FY25, unchanged from Q1 FY25 and up from 2.35% recorded in Q2 FY24. The ratio of net NPAs to net advances was at 0.56% as on 30 September 2024 as against 0.41% as on 30 June 2024 and 0.09% as on 30 September 2023. In Q2 FY25, the write-off was at Rs 140 crore and the provision coverage ratio as of September 2024 is 78%. The gross loan book stood at Rs 30,344 crore, registering a 14% YoY growth and a 1% rise QoQ. As of September 2024, the secured loan book is at 34.9% as compared to 31.3% recorded in June 2024. Disbursements in Q2 FY25 amounted to Rs 5,376 crore, reflecting a decrease of 6% YoY and increase of 2% QoQ. As of September 2024, deposits stood at Rs 34,070 crore, up 17% YoY and 5% QoQ. The bank's CASA (Current Account Savings Account) deposits stood at Rs 8,832 crore, reflecting a 26% YoY increase. The CASA ratio was 25.9% as of September 2024, up from 25.6% in June 2024. Retail term deposits (TDs) was at Rs 15,914 crore, registering a 35% increase YoY and a 2% rise QoQ. The capital adequacy ratio at 23.4%, with Tier-1 capital at 21.6%. The provisional daily average liquidity coverage ratio (LCR) for September 2024 was 130%. Sanjeev Nautiyal, MD & CEO, Ujjivan Small Finance Bank said, 'Ujjivan has always stood strong and successfully navigated headwinds in the industry. Similarly, our resilient business model and sound reading of the on-ground situation has always kept us better prepared to identify and manage such issues confidently. As we had mentioned in our previous interactions, we had emanated pockets of stress across the country due to elevated indebtedness levels. Hence, we have proactively developed a cautious approach in terms of growth in microfinance space and have beefed up our vigilance to manage asset quality. Ujjivan has constantly strategized to de-risk its portfolio by introducing more secured products in its offerings. In last 18 months Bank has launched products like Micro Mortgages, Gold Loan, Vehicle Loan, Agri and Working Capital (SME) loans and they are increasingly contributing to the overall asset book each month. This also reflects in our faster growth in secured asset portfolio, growing 12% sequentially.' Ujjivan Small Finance Bank serves approximately 92 lakh customers through 752 branches and 23,746 employees spread across 326 districts and 26 states and union territories in India. Powered by Capital Market - Live

Net profit of Ujjivan Small Finance Bank declined 28.90% to Rs 233.03 crore in the quarter ended September 2024 as against Rs 327.74 crore during the previous quarter ended September 2023. Total Operating Income rose 15.93% to Rs 1612.79 crore in the quarter ended September 2024 as against Rs 1391.14 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income1612.791391.14 16 OPM %47.8758.63 - PBDT310.29436.44 -29 PBT310.29436.44 -29 NP233.03327.74 -29 Powered by Capital Market - Live

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

Ujjivan Small Finance Bank has allotted 2,77,670 equity shares under ESOP on 09 October 2024. Consequently, the paid up equity share capital has increased from Rs. 19,34,18,42,430 to 19,34,46,19,130.Powered by Capital Market - Live

On quarter on quarter (QoQ) basis, the total deposits grew by 5% in Q2 FY25 from Rs 32,514 crore as on 30 June 2024. As of 30 September 2024, the bank's CASA (current account savings account) deposits stood at Rs 8,822 crore, registering a 26% growth from Rs 7,012 crore in the same quarter last year and a 6% increase from Rs 8,334 crore as of 30 June 2024. The CASA ratio improved to 25.9% in September 2024, up from 24.1% posted in September 2023 and 25.6% recorded in 30 June 2024. As on 30 September 2024, the bank's gross loan book stood at Rs 30,344 crore, up 14% YoY and 1% QoQ. The bank's gross loan book includes IBPC (Inter-Bank Participation Certificates) and securitization amounts of Rs 578 crore as of September 2024, compared to Rs 1,685 crore as of September 2023 and Rs 2,369 crore as of June 2024. This also includes the M-LAP (Mortgage-Linked Advance Product). In Q2 FY25, the bank's reported disbursements of Rs 5,374 crore, representing a 7% decline YoY but a 2% increase compared to the previous quarter. The bank's PAR (Portfolio at Risk) ratio improved to 5.1% in Q2 FY25 as compared to 3.7% in the same quarter last year and 4.2% in Q1 FY25. The bank's GNPA (Gross Non-Performing Assets) ratio stood at 2.5% as of 30 September 2024, an increase from 2.2% as of 30 September 2023, and up from 2.3% as of 30 June 2024. Additionally, collection efficiency for Q2 FY25 was reported at 97%, down from 98% in Q2 FY24 and 99% in Q1 FY25. Ujjivan Small Finance Bank was established as a non banking financial services company in the year 2005 with the mission to provide a full range of financial services to the 'economically poor' who were not adequately served by financial institutions. The bank reported 7.1% fall in net profit to Rs 301.08 crore in Q1 FY25 as against 324.07 crore posted in Q1 FY24. The bank's total income jumped 21.2% YoY to Rs 1,774.27 in Q1 FY25. The counter rose 0.92% to end at Rs 40.45 on Friday, 4 October 2024.Powered by Capital Market - Live

Ujjivan Small Finance Bank has granted 66,375 stock options under ESOP. Powered by Capital Market - Live