Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed herewith Disclosure of transcript of Conference Call on Unaudited Financial Results for the quarter and half year ended September 30, 2022.
Results Earnings Call for Q2FY23 of Suryoday Small Finance Bank
Conference Call with Suryoday Small Finance Bank Management and Analysts on Q2FY23 Performance and Outlook. Listen to the full earnings transcript. 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 half year ended September 30, 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 half year ended September 30, 2022 held on November 11, 2022 Suryoday SFB reports 13-crore net profit in Q2
Bank had reported a net loss of 1.9 crore in the year-ago period Q2FY23 Quarterly Result Announced for Suryoday Small Finance Bank Ltd.
Suryoday Small Finance Bank announced Q2FY23 results: H1FY23: Net interest income stood at Rs 353.0 crore as compared to Rs 270.7 crore, an increase of 30.4% YoY Net total income stood at Rs 390.8 crore as compared to Rs 326.1 crore, an increase of 19.8% YoY Cost of funds reduced to 6.6% compared to 7.3% in H1FY22 Cost to income stood at 55.9% as compared to 58.3% in H1 FY22, primarily due to increase in income Pre-provisioning operating profit stood at Rs 172.5 crore as compared to Rs 135.9 crore an increase of 26.9% YoY Asset Quality and Capital H1FY23: Gross NPA stood at 9.9% (Rs 532.6 crore) Net NPA stood at 4.8% (Rs 242.4 crore) The provision coverage ratio (Including technical write-offs) stood at 77.5% CRAR of the bank stood at 35.9%; Tier I capital at 33.1% and Tier II capital at 2.8% Baskar Babu, MD & CEO, Suryoday Small Finance Bank, said: "The bank has demonstrated steady performance in H1FY23 as the microfinance and connected lines of business have almost recovered back to its pre-Covid levels of growth. The bank’s gross advances for the period grew by 20.3%, which stood at Rs 5,378.4 crore, while disbursement for the period grew by 50.3%, which stood at Rs 2,130.4 crore, as compared to Rs 1,417.8 crore in the same period last year. Disbursement activities are gradually gaining momentum owing to healthy on-ground demand scenario. Our inclusive finance loans, where we provide microfinance loans to the country’s unbanked and underbanked, contributed 64.4% of the total advances book. In the long term, the banks’ focus will be to increase the share of a secured lending portfolio comprising affordable housing loans, micro business loans, business loans and commercial vehicles loans. In this endeavour, the bank has ramped up its disbursals under the micro-home loans segment, while have commenced disbursing loans under the two-wheeler segment In terms of asset quality, the GNPA stood at 9.9% at the end of H1FY23, down from 10.2% in H1FY22. Net NPA was 4.8% in HFY23 compared to 4.5% in H1FY22. Overall collection efficiency as on September 2022 stood at 94.6%. It will be the bank’s prime endeavour to further improve upon the collection efficiency and bring down the levels of both gross and net NPA. Additionally, the bank is well capitalised with a CRAR of 35.9% and a balance sheet liquidity of Rs 1,095.0 crore, which makes us well-positioned and agile to achieve the anticipated growth. Banks’ Tier-1 capital stood at 33.1% and Tier-2 capital stood at 2.8%. Going forward, we intend to continue our focus on expanding our business lines, while parallelly improving our collection efficiency.” Result PDF Suryoday Small Finance Bank Ltd - 543279 - Board Meeting Outcome for Intimation Of Outcome Of Meeting Of The Board Of Directors Of Suryoday Small Finance Bank Limited Held On November 11, 2022 - Approval Of The Unaudited Financial Results Of The Bank For The Quarter And Half Year Ended September 30, 2022
Intimation of Outcome of meeting of the Board of Directors (the 'Board') of Suryoday Small Finance Bank Limited (the 'Bank') held on November 11, 2022 - Approval of the Unaudited Financial Results of the Bank for the quarter and half year ended September 30, 2022 Suryoday Small Finance Bank Ltd - 543279 - Intimation Of Outcome Of Meeting Of The Board Of Directors Of Suryoday Small Finance Bank Limited Held On November 11, 2022 - Approval Of The Unaudited Financial Results Of The Bank For The Quarter And Half Year Ended September 30, 2022
Please find enclosed herewith Outcome of meeting of the Board of Directors of Suryoday Small Finance Bank Limited held on November 11, 2022 - Approval of the Unaudited Financial Results of the Bank for the quarter and half year ended September 30, 2022 Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Conference Call to discuss Financial Results for the quarter and half year ended September 30, 2022. Suryoday Small Finance Bank Ltd - 543279 - Board Meeting Intimation for Intimation Of The Date Of Meeting Of The Board Of Directors Of Suryoday Small Finance Bank Limited
Suryoday Small Finance Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2022 ,inter alia, to consider and approve the unaudited financial results of the Bank for the quarter and half year ended September 30, 2022