Are Suryoday Small latest results good or bad?

Suryoday Small Finance Bank has reported its financial results for the quarter ending March 2025, which reflect notable challenges across several key performance metrics. The Profit Before Tax (PBT) registered at Rs -106.88 crore, a significant deviation from the average PBT of Rs 12.23 crore observed in the previous four quarters. Similarly, the Profit After Tax (PAT) was recorded at Rs -33.78 crore, contrasting sharply with the average PAT of Rs 52.40 crore from prior quarters.
The bank's Gross Non-Performing Assets (NPA) reached 7.16%, marking a five-quarter high and indicating an increase in stressed loans. Additionally, Net Interest Income fell to Rs 244.66 crore, which is the lowest figure recorded in the last five quarters. The Operating Profit was reported at Rs -13.46 crore, resulting in an Operating Profit Margin of -2.86%, suggesting a decline in operational efficiency. Furthermore, Earnings per Share (EPS) dropped to Rs -3.18, reflecting lower profitability and earnings for shareholders.

In terms of quarterly performance, the Interest Earned showed a QoQ growth of -3.54%, while the Net Profit experienced a QoQ change of -201.44%. The percentage of Gross NPAs increased from 4.58% in December 2024 to 7.16%, indicating a rise in non-performing loans. The company has seen an adjustment in its evaluation in light of these results. Overall, the financial data indicates a challenging quarter for Suryoday Small Finance Bank, with significant declines in profitability and operational metrics.