India's Ujjivan Small Finance Bank drops on Q1 profit slump

Ujjivan Small Finance Bank

24/07/2025 10:11

** Shares of Ujjivan Small Finance Bank UJJI.NS fall 2.6% to 45.8 rupees, lowest in over a month

** Private lender's Q1 net profit plunges 65.7% Y/Y, hurt by a spike in provisions and contingencies - funds kept aside to cover potential losses on loans - and expenses; revenue up 2.6%

** Analysts' average rating on stock is "buy;" median PT is 55 rupees - data compiled by LSEG

** Stock up 35.6% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))