Suryoday Small Finance Bank reports mixed Q2 and H1 FY26 results

Suryoday Small Finance Bank Limited reported its unaudited financial results for Q2 and H1 FY26, ending September 30, 2025. Gross advances reached INR 11,124 crore, up 18.9% year-on-year, with deposits increasing by 35.5% year-on-year to INR 11,991 crore. The bank’s non-IF book now constitutes approximately 55% of total advances. Pre-provision operating profit (PPOP) for Q2 FY26 was INR 79.1 crore, a decrease of 37.6% year-on-year, while profit after tax (PAT) stood at INR 30.4 crore.

For H1 FY26, gross advances were INR 11,124 crore, and total disbursements amounted to INR 4,691 crore, reflecting a 37.1% year-on-year increase. The bank's capital adequacy ratio (CRAR) was 23.41% as of September 30, 2025. Gross non-performing assets (GNPA) stood at 5.9%, and net non-performing assets (NNPA) at 3.8%. Approximately 98% of the IF portfolio is covered under the Credit Guarantee Fund for Micro Units (CGFMU) scheme, with INR 378 crore receivable under this scheme against NNPA of INR 411 crore.

The board also approved raising funds up to INR 1,000 crore through various methods and disclosed the shift of its books of accounts to a new corporate office in Navi Mumbai. These results align with the bank's strategy to deepen MSME engagement, expand secured lending, and enhance digital offerings.