Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Resignation of Director
Intimation of resignation of Mrs. Meena Hemchandra, (DIN: 05337181), Non-executive, Independent Director of the Bank with effect from May 23, 2022. Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation of Newspaper Advertisement of Audited Financial Results of the Bank for the quarter and year ended March 31, 2022 Suryoday Small Finance Bank Ltd - 543279 - Disclosure Of Audio Recording Of Conference Call On Financial Results For The Quarter And Year Ended March 31, 2022 Held On May 20, 2022
Pursuant to Regulation 30 read with clause 15 of Paragraph A in Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations), the audio recording of Conference call held on May 20, 2022 to discuss Financial Results for the quarter and year ended March 31,2022 has been made available on the Bank's website .
Earnings Call for Q4FY22 of Suryoday Small Finance Bank
Conference Call with Suryoday Small Finance Bank Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript. Q4FY22 Quarterly Result Announced for Suryoday Small Finance Bank Ltd.
Suryoday Small Finance Bank declares Q4FY22 result: Net interest income increased by 53.0% year on year to Rs 460.1 crores in FY22, while net total income increased by 39.3% year on year to Rs 678.0 crores. NIM increased to 8.6% in FY22 from 7.1% in FY21. Cost of Funds reduced to 7.0% in FY22 compared to 8.0% in FY21. Cost to income during the same period moderated to 60.9% as compared to 67.5% in FY21, owing primarily to an increase in income combined with a lower cost of borrowing. Operating expenses for the quarter ended 31st March 2022 stood at Rs 413.1 crores, a rise of 25.7% compared to same period last year. Commenting on the performance, Mr. Baskar Babu, MD & CEO, Suryoday Small Finance Bank, said "Suryoday demonstrated tenacity in the face of adversity in FY22 by taking careful steps to limit the pandemic's impact and overcome industry challenges. While H1FY22 was a challenging for the industry, H2FY22 saw a much faster recovery. Disbursements and inquiries appear to be outpacing pre-pandemic levels, indicating a positive business outlook. With the recovery of economic activity and the numerous RBI initiatives undertaken recently to boost the sector, the lending ecosystem is expected to grow at a healthy rate in the financial year 2022-23. Our disbursement of Rs 2,101.1 crores in H2FY22, compared to Rs 1,426.7 crores in H1FY22, indicates an improvement in our on-the-ground performance. Additionally, the bank has seen improved on-ground collection scenarios, with one-EMI adjusted collection efficiency of 86.8% for the quarter ended 31st March 2022, and overall collection efficiency of 116.4% as on March 2022. Furthermore, we believe that the MPC's decision to raise the REPO Rate by 40 basis points to 4.40 percent will have a long-term favorable impact on the economy's normalisation, boosting general investment and consumption patterns. The bank has sufficient liquidity buffers and a sound balance sheet, placing it in a favorable position to achieve medium- to long-term growth. With a capital adequacy ratio of 37.9% at the end of FY22, the bank is well capitalised, with Tier-1 accounting for 34.4% and Tier-2 accounting for 3.4%. We're also working hard to improve the quality of our portfolio and expand our footprint in new and existing markets. We expect stable credit demand and improved ecosystem recovery in the next quarters, allowing us to focus more on new disbursements and meeting the bank's growth ambitions." Result PDF Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find attached herewith presentation to Investors on Audited Financial Results of Suryoday Small Finance Bank Limited for the quarter and financial year ended on March 31, 2022. Suryoday Small Finance Bank Ltd - 543279 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
Please find attached herewith revised press release on the financial results for the quarter and year ended March 31, 2022 Suryoday Small Finance Bank Ltd - 543279 - Board Meeting Outcome for Approval Of Financial Results For The Quarter And Financial Year Ended March 31, 2022
Submission of the Audited Financial Results for the quarter and financial year ended on March 31, 2022 Suryoday Small Finance Bank Ltd - 543279 - Audited Financial Results For The Quarter And Financial Year Ended March 31, 2022.
Submission of the Audited Financial Results for the quarter and financial year ended on March 31, 2022 pursuant to Regulations 30, 33, 52 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')