Suryoday Small Finance Bank Limited has announced its unaudited financial results for the quarter and nine months ended 31 December 2025.
During Q3 FY26, the Bank’s gross advances stood at Rs 11,885 Cr, up 24.3 per cent year on year, while disbursements rose sharply to Rs 2,698 Cr, an increase of 83.9 per cent compared to Q3 FY25. Excluding SCF, disbursements reached Rs 2,257 Cr, with LAP and wheels disbursements up 54.7 per cent and 30.2 per cent respectively. Deposits increased by 32.5 per cent to Rs 12,865 Cr, with current bucket collection efficiency at 99.2 per cent. Collection efficiency (1 EMI adjusted) stood at 88.7 per cent, slightly lower than 90.6 per cent in Q3 FY25.
Financially, net total income increased by 16.2 per cent to Rs 357.7 Cr, while net interest income rose by 3.2 per cent to Rs 276.8 Cr. Pre-provision operating profit (PPOP) improved by 24.7 per cent to Rs 89.0 Cr. Profit after tax (PAT) stood at Rs 36.6 Cr, up from Rs 33.3 Cr in Q3 FY25. The cost of funds was 7.6 per cent and the cost to income ratio improved to 75.1 per cent.
For the nine months ended December 2025, gross advances remained at Rs 11,885 Cr, up 24.3 per cent year on year, while disbursements rose to Rs 7,389 Cr, up 51.1 per cent. Excluding SCF, disbursements were Rs 6,230 Cr. Vikas Loan disbursements more than doubled to Rs 2,729 Cr. Deposits reached Rs 12,865 Cr, with retail deposits forming 87 per cent of total deposits and CASA ratio improving to 21.2 per cent. The Bank served approximately 38 lakh customers, up 13.6 per cent from the previous year.
Net total income for 9MFY26 increased to Rs 1,051.5 Cr, while net interest income declined by 9.2 per cent to Rs 782.2 Cr. PPOP decreased by 19.1 per cent to Rs 277.1 Cr and PAT fell 31.3 per cent to Rs 102.2 Cr. GNPA and NNPA stood at 6.6 per cent and 4.3 per cent respectively, with Rs 467 Cr receivable under the CGMFU scheme. Capital adequacy remained healthy at 21.9 per cent, with Tier I capital of 21.0 per cent and Tier II capital of 1.0 per cent.
Commenting on the performance, Mr Baskar Babu Ramachandran, MD & CEO, Suryoday Small Finance Bank Limited, said, “During Q3 FY26, the Bank continued to demonstrate steady growth supported by a diversified and increasing digital business model. Advances remained at ~Rs 11,800+ Cr while deposits stood at ~Rs 12,800+ Cr, with non-inclusive finance loans accounting for 54.9 per cent of total advances, reflecting progress in portfolio diversification. Secured lending now forms ~55 per cent of advances, supporting a stable and risk-balanced loan mix. Digital deposits crossed Rs 1,400 Cr, driven by fintech partnerships and digital channels. The Bank remains focused on expanding MSME and secured retail lending, scaling Vikas Loans, and growing CASA and term deposits through digital initiatives, while maintaining a disciplined, customer-centric approach to growth.”
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