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Ujjivan Small Finance Bank Q2 Profit Surges 3-Fold to Rs 365 Crore
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News18•16-10-2026, 16:30
Ujjivan Small Finance Bank Q2 Profit Surges 3-Fold to Rs 365 Crore
- •Ujjivan Small Finance Bank reported nearly a three-fold jump in net profit to Rs 365 crore for the September quarter of FY27, driven by lower provisions.
- •Total income increased by 26 per cent to Rs 2,449 crore during the July-September quarter compared to Rs 1,939 crore in the previous fiscal year.
- •Provisions for bad loans significantly declined to Rs 103 crore in the quarter under review from Rs 235 crore in the year-ago period.
- •The bank's gross loan book rose 32.1 per cent year-on-year to Rs 45,699 crore, with the secured share increasing to 52.1 per cent.
- •The board approved fundraising of Rs 409 crore through a preferential issue involving major investors, subject to shareholder approval.
Key Questions Answered
Ujjivan Small Finance Bank reported a nearly three-fold jump in net profit, reaching Rs 365 crore for the September quarter of FY27 compared to Rs 122 crore in the same period last year.
The bank's board approved fundraising through a preferential issue of Rs 409 crore from International Finance Corporation, Bajaj Life Insurance, HDFC Life Insurance, and Aditya Birla Sun Life Insurance, subject to shareholder approval.
The bank reported a 26 percent increase in total income, rising to Rs 2,449 crore in the July-September quarter of FY27 from Rs 1,939 crore in the corresponding period of the previous fiscal year.
