Ujjivan Small Finance Bank Q2 results: Net profit declines 23%, net interest income 10% up – CNBC TV18

Ujjivan Small Finance Bank Q2 results: Net profit declines 23%, net interest income 10% up – CNBC TV18

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Ujjivan Small Finance Bank on Thursday (October 24) reported a 23% decline in net profit for Q2 FY25 at ₹233 crore, compared to ₹328 crore a year ago.

Net interest income (NII) rose 9.5% to ₹944 crore, up from ₹862 crore YoY.

Gross non-performing assets (NPA) remained steady at 2.52% quarter-on-quarter, while net NPA increased to 0.56%, up from 0.41% in the previous quarter.

Provisions for Q2 stood at ₹151 crore, compared to ₹110 crore QoQ and ₹47 crore YoY.

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