Ujjivan SFB Q1 Results: PAT surges 60% to Rs 324 crore; NII up 32%

Ujjivan Small Finance Bank's net profit for Q1 2021 increased by 60% to INR 324 crore YoY, with gross loan book up 30% YoY to INR 25,326 crore. Despite a 40 basis point fall in net interest margin (NIM) to 9.2%, net interest income rose 32% YoY to INR 793 crore. Operating profit also surged 52% to INR 458 crore.

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