Ujjivan Small Finance Bank Q3 Net Profit Rises 71% YoY, NII at Rs 1,000 Crore
Market Update: Ujjivan Small Finance Bank Q3 Results
**Record Financial Performance**
Ujjivan Small Finance Bank has delivered a robust quarter, achieving its highest-ever Net Interest Income (NII) of **Rs 1,000 crore**. The bank's bottom line saw significant expansion, with net profit surging **71%** to reach **Rs 186 crore**.
**Asset Quality & Provisioning**
Operational health has strengthened due to improved collection efficiency. This recovery has eased stress within the microfinance segment, directly resulting in reduced provisioning requirements for the quarter.
**Strategic Loan Mix**
The bank is witnessing the benefits of its diversification strategy. A rising proportion of secured loans in the portfolio has successfully bolstered overall asset quality and supported the sustained increase in profitability.