Outcome of the meeting of the Board of Directors of the Bank held on May 07, 2026 - Approval of the Audited Financial Results of the Bank for the Quarter (Q-4) and Financial Year ended March 31, 2026, and other matters

Suryoday Small Finance Bank reported strong FY2026 results with net profit growing 32.2% to Rs 15,197 lakhs from Rs 11,497 lakhs in the prior year. Total income increased to Rs 2,51,996 lakhs (up 16.1% YoY), driven by growth in interest earned to Rs 1,95,375 lakhs. Operating profit before provisions improved to Rs 38,405 lakhs. The bank maintained healthy asset quality with Gross NPA improving to 6.55% (from 7.76%) and Net NPA at 4.27%. Capital adequacy ratio stood at 20.45%. The board recommended a final dividend of Rs 1.50 per equity share (15% of face value). Joint statutory auditors M/s Mukund M. Chitale & Co and M/s Gokhale & Sathe issued an unmodified opinion on the financial results. The board also considered fund-raising plans and approved appointment of two independent directors pending shareholder approval via postal ballot.