Shares of Suryoday Small Finance Bank declined 4.18% to ₹132.65 in Friday’s session after the lender reported a sharp 49.64% year-on-year drop in net profit for Q1FY26. The stock slipped ₹5.78 from the previous close of ₹138.43, taking the bank’s market capitalization down to ₹14.09 billion.
The bank’s net profit for the June 2025 quarter came in at ₹35.28 crore, compared to ₹70.06 crore in Q1FY25. The sharp fall in profitability was despite a marginal 1.44% rise in total operating income, which stood at ₹495.17 crore versus ₹488.12 crore in the same quarter last year.
Operationally, the bank witnessed a contraction in operating profit margins, falling from 44.55% to 37.61% YoY. Both profit before depreciation, interest, and tax (PBDT) and profit before tax (PBT) fell 49% YoY to ₹46.83 crore.
The sharp decline in net profit has led to weak investor sentiment, triggering a sell-off in early trade.
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