Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 and Regulation 46 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 please find attached herewith details of Institutional Investor meeting held on February 28, 2023. Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 and Regulation 46 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 please find attached herewith details of Institutional Investor meeting held on February 21, 2023. Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 read with Regulation 46 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find attached herewith details of Institutional Investor meeting held on February 16, 2023. Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Disclosure of transcript of Conference Call on Unaudited Financial Results for the quarter and nine months ended December 31, 2022 Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation of Newspaper Advertisement regarding Unaudited Financial Results of the Bank for the quarter and nine months ended December 31, 2022 Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Disclosure of Audio Recording of Conference Call on Unaudited Financial Results of the Bank for the quarter and nine months ended December 31, 2022 Q3FY23 Quarterly Result Announced for Suryoday Small Finance Bank Ltd.
Suryoday Small Finance Bank announced Q3FY23 results: 9MFY23: Net interest income stood at Rs 536.5 crore as compared to Rs 438.0 crore, an increase of 22.5% YoY. Net total income stood at Rs 599.9 crore as compared to Rs 511.6 crore, an increase of 17.3% YoY. Cost of funds reduced YoY to 6.6% from 7.1% (in 9MFY22) Cost to income ratio – including the impact of loss on sale of stressed loans of Rs 21.5 crore - stood at 60.7% as compared to 56.8% in 9MFY22. Pre-Provisioning operating profit stood at Rs 235.8 crore (including the impact of loss on sale of stressed loans of Rs 21.5 crores) as compared to Rs 216.5 crore an increase of 8.9% YoY (18.9% YoY adjusted for the impact of loss on sale of stressed loans. Business Performance 9MFY23: The bank's gross advances stood at Rs 5,408.2 crore as compared to Rs 4,872.3 crore in 9MFY22, an increase of 11.0% YoY: 19.6% normalised YoY growth (including ARC portfolio of Rs 418.7 crores) Disbursements for 9MFY23 stood at Rs 3,395.6 crore as compared to Rs 2,547.7 crore, an increase of 33.3% YoY. Disbursement activities are back to pre-covid levels owing to healthy on ground demand. Deposits stood at Rs 4,696.9 crore as compared to Rs 3,169.6 crore, registering a strong growth of 48.2% YoY. Share of retail deposits stood at 77.9%. Overall collection efficiency as of December 2022 stood at 110.4%. The bank has 21.9 lakh customers, an increase of 18.4% over the same period last year. Total number of branches stood at 571, with 92 being liability-focused outlets, 364 being asset-focused branches and 115 rural centres Total number of employees stood at 6,094 Commenting on the performance, Mr. Baskar Babu, MD & CEO, Suryoday Small Finance Bank, said: "For 9MFY23 the bank has undertaken a careful approach in disbursing new loans, with a strong emphasis on collections. We took the correct steps at the right time to reduce the risk of portfolio delinquencies while maintaining asset quality. The Bank’s Gross Advances as of December 2022 registered a growth of 11.0%, which stood at Rs 5,408.2 (excludes ARC portfolio of Rs 418.7 crore as of Dec-22) compared to Rs 4,872.3 same period last year. Disbursement for the period grew by 33.3% which stood at Rs 3,395.6 crore as compared to Rs 2,547.7 crore in the same period last year. Disbursement activities are back to pre-covid levels and is showing progressive momentum owing to healthy on ground demand. As of December 2022, the bank has registered a strong deposit growth of 48.2%, which stood at Rs 4,696.9 crore as compared to Rs 3,169.6 crore same period last year. The Bank has reported a Profit After Tax of Rs 38.8 crore as compared to a loss of Rs 44.9 crore in 9MFY22. The Bank’s continued focus on collection efforts has shown good progress. The collection efficiency as of December 2022 stood at 110.4%. The Bank is also focusing on expanding affordable home loans and secured business loans especially in urban and semi-urban locations as this segment shows greater resilience and better collection efficiency and has the potential to emerge as a staple product in the Bank’s portfolio. The Bank is also focusing on offering Vikas Loan (VL) to its graduating microfinance customers that provides end-to-end digital solution including collections through Standing Instruction. As of December 2022, Vikas Loan Book stood at Rs 828 crore with PAR of 0.9%. The Bank is firmly committed to being the Bank of Choice for its Inclusive Finance customer segment by offering enhanced products including secured products and enhanced customer experience.” Result PDF Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation to Investors on Unaudited Financial Results of Suryoday Small Finance Bank Limited for the quarter and nine months ended on December 31, 2022 - Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Unaudited Financial Results of Suryoday Small Finance Bank Limited for the quarter and nine months ended on December 31, 2022- Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Suryoday Small Finance Bank Ltd - 543279 - Board Meeting Outcome for Approval Of The Unaudited Financial Results Of The Bank For The Quarter And Nine Months Ended December 31, 2022
Please find enclosed herewith Outcome of meeting of the Board of Directors of Suryoday Small Finance Bank Limited held on February 9, 2023 - Approval of the Unaudited Financial Results of the Bank for the quarter and nine months ended December 31, 2022