Shares of Ujjivan Small Finance Bank Ltd rallied 5% on 4 January after the company announced its quarterly report for October-December.

The bank reported a 27% year-on-year increase in its loan book to Rs 27,791 crore during the quarter from Rs 21,895 crore reported in the same quarter last year. The total deposits during the quarter stood at Rs 7,549 crore, which is a 29% YoY increase from Rs 6,070 crore reported in the same quarter of the previous fiscal year.

The revenue of the lender during the quarter increased by 40% YoY to Rs 1,391 crore against Rs 993 crore reported in Q3 of the last fiscal year. The net profit increased by 11% to Rs 328 crore during the quarter against Rs 294 crore reported in Q3FY24.

As of 31 December, the company’s promoters hold a 73.66% stake in the company, FIIs (foreign institutional investors) hold a 3.54% stake, whereas the retail investors own an 18.59% stake in the company.

As of December end, the lender has 629 branches and 517 ATMs, with a strong client base of over 76.9 lakhs. The bank has a strong presence in 271 districts throughout 25 states and union territories.

At 3:30 pm, the shares of Ujjivan Small Finance closed 4.13% higher at Rs 59.20 on NSE.