Ujjivan SFB Q1 FY25 results: Net profit declines 7% to Rs 301 crore

Quick Summary:

Sequentially, the net profit was down 9 per cent from Rs 330 crore in Q4 FY24.

The share of the secured segment in the overall loan book increased to 31.3 per cent from 27 per cent as of June 2023.

The CASA ratio of the SFB stood at 25.6 per cent as of June 2024 compared to 26.5 per cent as of March 2024.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Bengaluru NPA Loan book Ujjivan Small Finance Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 17:10:16 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21772301

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