Hot Pursuit     12-Jul-22
Suryoday SFB gains after advances rise 28% YoY in June'22 quarter
Suryoday Small Finance Bank added 3.38% to Rs 87.25 after the bank's gross advances increased by 28% YoY to Rs 5,136 crore in Q1 FY23.

Gross advances in Q1 FY22 aggregated to Rs 4,004 crore.

Total deposits for Q1 FY23 amounted to Rs 4,020 crore, which is higher by 21% as compared with Rs 3,317 crore in Q1 FY22.

As compared with Q4 FY22, the bank's gross advances and total deposits are higher by 1% and 4%, respectively.

CASA was at 21% in Q1 FY23 as against 16.2% in Q1 FY22 and 20.2% in Q4 F22.

Total monthly collection efficiency was 89% in June 2022 as compared with 70% in June 2021 and 87% in March 2022.

Collection efficiency (one EMI adjusted) is the amount collected restricted to the demand of the month, as a percentage of the total amount due for collection in such month (including dues against Gross NPAs).

Suryoday Small Finance Bank (Suryoday SFB) is a scheduled commercial bank. The bank has a wide presence across 13 states and UTs across India through its 565 banking outlets, with a strong presence in Maharashtra, Tamil Nadu and Odisha.

The SFB had reported a loss of Rs 63.6 crore in Q4 FY22 as against a net loss of Rs 58 crore in Q4 FY21. Net total income during the quarter increased by 136.4% to Rs 166.4 crore from Rs 70.4 crore reported in the same period last year.

In the past three months, the stock has declined by 42.38% while the benchmark Sensex has lost 7.52% during the same period.

Previous News
  Suryoday SFB soars after stellar Q4 business update
 ( Hot Pursuit - 04-Apr-24   12:34 )
  Suryoday SFB Gross Advances jump 35% YoY in Q2 FY25
 ( Hot Pursuit - 04-Oct-24   10:27 )
  Suryoday Small Finance Bank announces board meeting date
 ( Corporate News - 25-Jan-23   12:50 )
  Suryoday SFB declines after Q3 business update
 ( Hot Pursuit - 05-Jan-23   13:49 )
  Suryoday Small Finance Bank to conduct board meeting
 ( Corporate News - 04-Aug-23   17:46 )
  Nifty above 22,500 level; IT shares advances
 ( Market Commentary - Mid-Session 04-Apr-24   14:31 )
  Suryoday Small Finance Bank IPO ends with decent subscription
 ( IPO Centre - IPO News 22-Mar-21   10:50 )
  Suryoday Small Finance Bank announces board meeting date
 ( Corporate News - 23-Jul-22   12:56 )
  Suryoday Small Finance Bank
 ( Analyst Meet / AGM - Conference Call 03-Aug-24   10:31 )
  Board of Suryoday Finance Bank accepts resignation of director
 ( Corporate News - 27-May-21   20:31 )
  Suryoday Small Finance Bank to discuss results
 ( Corporate News - 14-Oct-23   12:44 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top