Please find attached herewith Outcome of Board Meeting
SURYODAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suryoday Small Finance Bank reported strong FY26 results with net profit up 32% to ₹15,197 lakhs from ₹11,497 lakhs in FY25. Q4 standalone profit was ₹4,972 lakhs compared to a loss of ₹3,378 lakhs in Q4 FY25. Total income grew 16% to ₹2,51,996 lakhs. The bank recommended a final dividend of ₹1.50 per share (15% on face value of ₹10), subject to shareholder approval. Asset quality improved with gross NPA down to 6.55% from 7.76% and net NPA at 4.27%. Total deposits grew 32% to ₹13,99,404 lakhs and advances grew 29% to ₹12,87,876 lakhs. Joint statutory auditors issued an unmodified opinion. The board also approved appointment of two new independent directors via postal ballot.
The 32% rise in annual net profit and improved asset quality signal operational strength. The dividend declaration provides immediate shareholder reward. Growth in deposits and advances indicates strong franchise expansion. No red flags from the clean audit opinion.