Suryoday Small Finance Bank Reports Strong Q1FY26 Results: Net Profit More Than Doubles to ₹7,518 Lakhs

Suryoday Small Finance Bank reported a strong set of unaudited financial results for the quarter ended June 30, 2026 (Q1FY26), with net profit more than doubling on a year-on-year basis. The Board of Directors approved the results at its meeting held on July 23, 2026, and the financials have been subjected to a limited review by joint statutory auditors Mukund M. Chitale & Co. and Gokhale & Sathe, who issued an unmodified review report.

Key Financial Highlights

The bank's total income for Q1FY26 stood at ₹77,022 lakhs, a significant increase from ₹60,382 lakhs in Q1FY25 and ₹69,189 lakhs in Q4FY26. Interest earned rose to ₹62,236 lakhs from ₹49,517 lakhs in the year-ago quarter, while other income climbed to ₹14,786 lakhs from ₹10,865 lakhs. The following table summarises the key profit and loss metrics:

Metric:	Q1FY26 (₹ Lakhs)	Q4FY26 (₹ Lakhs)	Q1FY25 (₹ Lakhs)
Interest Earned:	62,236	60,159	49,517
Other Income:	14,786	9,030	10,865
Total Income:	77,022	69,189	60,382
Interest Expended:	30,663	28,504	24,803
Operating Expenses:	32,503	29,988	24,687
Total Expenditure:	63,166	58,492	49,490
Operating Profit:	13,856	10,697	10,892
Provisions & Contingencies:	3,666	4,132	6,209
Profit Before Tax:	10,190	6,565	4,683
Tax Expense:	2,672	1,593	1,155
Net Profit:	7,518	4,972	3,528

Asset Quality and Key Ratios

The bank's asset quality showed notable improvement in net NPA levels. Gross NPAs stood at ₹93,115 lakhs as on June 30, 2026, compared to ₹91,752 lakhs as on June 30, 2025, while net NPAs declined sharply to ₹16,955 lakhs from ₹59,304 lakhs in the year-ago period. The percentage of net NPAs to net advances improved to 1.27% from 5.64% in Q1FY25.

Ratio:	Q1FY26	Q4FY26	Q1FY25
Gross NPA (₹ Lakhs):	93,115	86,418	91,752
Net NPA (₹ Lakhs):	16,955	54,188	59,304
Gross NPA %:	6.60%	6.55%	8.46%
Net NPA %:	1.27%	4.21%	5.64%
Capital Adequacy Ratio:	20.03%	20.45%	24.61%
Basic EPS (₹):	7.07	4.68	3.32
Diluted EPS (₹):	7.07	4.68	3.32
Return on Assets*:	0.38%	0.27%	0.22%
Net Worth (₹ Lakhs):	2,13,729	2,05,473	1,93,496
Debt Equity Ratio:	1.22	1.50	1.17
Total Debts to Total Assets:	13.07%	15.70%	14.23%

Figures for the respective quarter ended are not annualized.

Segment Performance

Retail Banking remained the dominant revenue contributor, with segment revenue of ₹72,294 lakhs in Q1FY26 compared to ₹55,074 lakhs in Q1FY25. The Treasury segment posted revenue of ₹8,734 lakhs, while the Corporate segment contributed ₹4,615 lakhs. Total segment assets grew to ₹20,20,389 lakhs as on June 30, 2026, from ₹16,05,855 lakhs as on June 30, 2025.

Segment:	Revenue Q1FY26 (₹ Lakhs)	Revenue Q1FY25 (₹ Lakhs)	Segment Result Q1FY26 (₹ Lakhs)
Treasury:	8,734	8,084	1,178
Retail Banking:	72,294	55,074	10,827
Corporate:	4,615	3,979	(1,419)
Other Banking Operations:	1,254	1,226	-
Total (Net of Inter-Segment):	77,022	60,382	10,190

Notable Disclosures

The bank recognized a claim receivable of ₹387.45 crores (net of recovery) under the CGFMU Scheme with NCGTC during the quarter ended June 30, 2026. Although the amount was received on July 1, 2026, subsequent to the reporting date, the receipt was considered virtually certain as on June 30, 2026, and accordingly recognized in the financial statements for the quarter. The claim was subsequently realized in full on July 1, 2026.

The bank carries a floating provision of ₹6,427 lakhs as on June 30, 2026, of which ₹510 lakhs was created during the quarter ended June 30, 2026. Total financial indebtedness, including short-term and long-term debt, stood at ₹2,64,045 lakhs as on the reporting date, with no defaults reported on loans or debt securities. The bank does not have any subsidiary, associate, or joint venture as on June 30, 2026, making consolidation of financial statements not applicable.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+7.19%	+2.70%	+10.93%	+39.21%	+40.75%	-7.84%

Suryoday Small Finance Bank will host a conference call on July 24, 2026, to discuss its unaudited financial results for the quarter ended June 30, 2026. The call provides an opportunity for analysts and investors to gain insights into the bank's performance for Q1 FY27 directly from its senior management team.

The conference call is scheduled to begin at 10:00 AM IST. Participants will include key executives such as Mr. Baskar Babu Ramachandran, MD and CEO, and Mr. Hemant Shah, Executive Director. Mr. Kanishka Chaudhary, Chief Financial Officer, and Mr. Himadri Das, Head of Investor Relations, will also be present to address queries.

Conference Call Details

The bank has provided specific dial-in numbers and registration details for participants to join the discussion. The logistical arrangements are as follows:

Detail	Information
Date	Friday, July 24, 2026
Time	10:00 AM IST
Universal Dial-in	+91 22 6280 1317, +91 22 7115 8218
Hong Kong Dial-in	800964448
Singapore Dial-in	8001012045
Registration	Diamond Pass Registration Link

Management Representatives

The discussion will be led by the bank's top leadership, ensuring that stakeholders receive comprehensive updates on the financial metrics and strategic outlook. The representatives attending the call are:

Mr. Baskar Babu Ramachandran (MD and CEO)
Mr. Hemant Shah (Executive Director)
Mr. Kanishka Chaudhary (Chief Financial Officer)
Mr. Himadri Das (Head - Investor Relations)

The intimation regarding this conference call was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the bank's official website.