Board approves Q2 and H1 FY27 unaudited results; auditors' limited review finds no material misstatement
Board approved the unaudited results for the quarter (Q-2) and half year ended September 30, 2026, and took on record the joint statutory auditors' limited review report.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Total income | 82,938 | 59,950 | +38.3% | 77,022 | +7.7% |
| Profit before tax | 10,424 | 3,930 | +165% | 10,190 | +2.3% |
| Profit after tax | 7,655 | 3,041 | +152% | 7,518 | +1.8% |
| Basic EPS | 7.20 | 2.86 | +152% | 7.07 | +1.8% |
- PAT YoY growth
- +152%
- Period
- Quarter ended 30.09.2026
Also decided at the meeting
- Board took note of completion of 8-year tenure of Mr. Ranjit Jayant Shah, Non-Executive Non-Independent (Investor) Director, on November 01, 2026; he ceases to hold office effective November 02, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- The Bank carries a floating provision of ₹6,652 lakhs as on September 30, 2026, of which Rs. 735 lakhs was created during the half year, used for calculation of net NPA and PCR.
- During the half year ended September 30, 2026, the Bank allotted 6,825 equity shares on exercise of stock options under ESOP 2019.
- Consolidated financial statements are not applicable as the Bank has no subsidiary, associate or joint venture as at September 30, 2026.
Results approved for the quarter (Q-2) and half year ended September 30, 2026
The Board approved the unaudited financial results of the Bank and took on record the limited review report issued by the joint statutory auditors, Mukund M Chitale & Co and Gokhale & Sathe LLP. The Bank states that consolidated financial statements are not applicable as it has no subsidiary, associate or joint venture as at September 30, 2026, so the figures below are standalone.
Auditor's review conclusion
- The statement is unaudited and has been reviewed, not audited; a review does not express an audit opinion.
- Based on the review, nothing came to the auditors' attention that causes them to believe the statement was not prepared in accordance with applicable accounting standards, RBI guidelines and the SEBI LODR requirements, or that it contains any material misstatement.
Quarterly scorecard (₹ in lakhs, quarter ended 30.09.2026 vs 30.09.2025)
- Interest Earned: 70,286 vs 51,966
- Total Income: 82,938 vs 59,950
- Operating Profit before Provisions and Contingencies: 14,550 vs 7,915
- Provisions (other than tax) and Contingencies: 4,126 vs 3,985
- Profit from Ordinary Activities before tax: 10,424 vs 3,930
- Net Profit for the period: 7,655 vs 3,041
- Basic EPS (Face Value of ₹ 10/- each): 7.20 vs 2.86
Half year scorecard (₹ in lakhs, half year ended 30.09.2026 vs 30.09.2025)
- Total Income: 1,59,960 vs 1,20,332
- Net Profit for the period: 15,173 vs 6,569
Asset quality and ratios (as at 30.09.2026 vs 30.09.2025)
- Gross NPAs: 43,831 vs 65,496; as a share of Gross Advances, 2.97% vs 5.93%
- Net NPAs: 22,449 vs 41,063; as a share of Net Advances, 1.54% vs 3.80%
- Capital Adequacy Ratio: 19.37% vs 23.41%
- Debt equity ratio: 1.14 vs 1.09
Balance sheet snapshot (₹ in lakhs, as at 30.09.2026 vs 30.09.2025)
- Deposits: 16,18,372 vs 11,99,125
- Advances: 14,55,859 vs 10,80,510
- Total assets: 21,44,306 vs 16,60,423
Other decisions and disclosures at the meeting
- Mr. Ranjit Jayant Shah (DIN: 00088405), Non-Executive Non-Independent (Investor) Director, completes his total tenure of 8 years permissible under the Banking Regulation Act, 1949 on November 01, 2026; he ceases to hold office effective November 02, 2026. The Board placed on record its appreciation for his contribution.
- The Bank made no public issue, rights issue or preferential issue during the quarter under review.
- No non-convertible debt securities were allotted during the half year ended September 30, 2026, and there are no outstanding secured listed non-convertible debt securities as on that date.
- Details of the resolution plan implemented under the RBI's COVID-19 resolution frameworks are given, with total exposure 540.27 at the start of the half year and 469.46 at the end of the half year (₹ in lakhs).
What this means for a retail reader
The update gives a full set of reviewed quarterly numbers along with the auditors' conclusion, so investors can track profit, income, asset quality and capital position on a comparable basis. Movements in the printed line items, such as the net profit, the NPA percentages and the capital adequacy ratio, are the figures to compare across periods.
Also from Suryoday Small Finance Bank
Suryoday SFB Q2 FY27: PAT up 151.7% to ₹76.5 Cr, loan book up 34.6%, deposits up 35.0%
29 Oct 2026
Q2 FY27 press release: profit after tax Rs. 76.5 Cr, gross advances Rs. 14,972 Cr, GNPA 2.9%
29 Oct 2026
Board approves raising up to Rs. 100 crore via Lower Tier II non-convertible debentures
23 Oct 2026
More numbers
- Net Profit for the period, half year ended 30.09.2026 (₹ in lakhs)15,173
- Total Income, half year ended 30.09.2026 (₹ in lakhs)1,59,960
- Gross NPAs as at 30.09.2026 (₹ in lakhs)43,831
- % of Gross NPAs to Gross Advances as at 30.09.20262.97%
- % of Net NPAs to Net Advances as at 30.09.20261.54%
- Capital Adequacy Ratio as at 30.09.202619.37%
- Total income, latest quarter82,938 (₹ In Lakhs)
- Total income, year-ago quarter59,950 (₹ In Lakhs)
- Total income, previous quarter77,022 (₹ In Lakhs)
- Profit after tax, latest quarter7,655 (₹ In Lakhs)
- Profit after tax, year-ago quarter3,041 (₹ In Lakhs)
- Profit after tax, previous quarter7,518 (₹ In Lakhs)
- Profit before tax, latest quarter10,424 (₹ In Lakhs)
- Profit before tax, year-ago quarter3,930 (₹ In Lakhs)
- Profit before tax, previous quarter10,190 (₹ In Lakhs)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.