Ujjivan Small Finance Bank announces financial results for Q2FY25, NII grows by 15% YoY

Ujjivan Small Finance Bank has declared its Q2FY25 results where Net Interest Income of Rs 944 crore is up by 15% (YoY) and 0.2% QoQ, and NIM stood at 9.2% for Q2FY25. The Deposits are standing at Rs 34,070 crore as of Sep’24 up by 17% (YoY) and 5% QoQ.

Bank’s CASA is at Rs 8,832 crore up by 26% (YoY) and the CASA ratio is at 25.9% as of Sep’24 as compared to 25.6% as of Jun’24.  The Capital adequacy ratio is at 23.4% with Tier-1 capital at 21.6%.

The Gross loan book is at Rs 30,344 crore is up by 14% (YoY) and 1% QoQ. The Disbursements are at Rs 5,376 crore in Q2FY25 down 6% (YoY) and up 2% QoQ. The cost to Income ratio is at 60% in Q2FY25.

 Total asset book grew 14% YoY and 1% QoQ to Rs 30,344 crores in Sep’24. CD ratio is at 89%, with healthy total deposit growth at 17% YoY and 5% QoQ to Rs 34,070 crores.

NIM for the quarter at 9.2% was supported by the cost of funds stable at 7.5%. PPoP for the quarter was Rs 461 crore and PAT for the quarter was Rs 233 crore.