Latest News | Ujjivan Small Finance Bank Shares Decline over 3 Pc as Q4 Profit Slumps

New Delhi, Apr 30 (PTI) Shares of Ujjivan Small Finance Bank (SFB) on Wednesday declined over 3 per cent after the firm reported a 75 per cent slump in net profit for three months ended March 2025.

The stock went lower by 3.17 per cent to settle at Rs 42.51 on the BSE. Intra-day, it dived 6.37 per cent to Rs 41.10.

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At the NSE, it declined 3.41 per cent to Rs 42.40.

Ujjivan Small Finance Bank on Wednesday reported a slump of 75 per cent in net profit to Rs 83.39 crore for the fourth quarter of FY25, hurt by higher provisions for bad loans.

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The bank had posted a net profit of Rs 329.63 crore in the year-ago period.

Its total income rose to Rs 1,843 crore in the January-March quarter of the financial year 2024-25 (FY25) from Rs 1,765 crore in the year-ago period, Ujjivan Small Finance Bank said in a regulatory filing.

Overall provisions, excluding tax, rose to Rs 264.50 crore in the quarter under review from Rs 79 crore in the same quarter a year ago.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)