Mumbai: Equitas Small Finance Bank Limited on Friday reported a standalone net profit of ₹183.61 crore for the first quarter of the financial year 2026-27, a significant turnaround from the net loss of ₹223.76 crore recorded in the quarter ended 30 June 2025. Financial PerformanceTotal standalone income for the quarter stood at ₹2,215.50 crore, up from ₹1,940.55 crore in the year-ago period. Interest earned by the bank rose to ₹1,960.40 crore in Q1 FY27, compared to ₹1,648.86 crore in Q1 FY26. Expenses and Provisions
The bank’s total expenses for the quarter ended 30 June 2026 were ₹1,810.77 crore. Provisions (other than tax) and contingencies amounted to ₹160.66 crore during the quarter.
Asset QualityGross Non-Performing Assets (NPAs) were reported at ₹1,100.39 crore as of 30 June 2026, with Net NPAs at ₹318.94 crore. The percentage of Gross NPA to Gross Advances was 2.42%, and Net NPA to Net Advances stood at 0.71%. Capital Adequacy and EPSThe Capital Adequacy Ratio (Basel-II) was 19.44% for the quarter. Earnings per share (basic and diluted) were ₹1.61 for the quarter ended 30 June 2026, improving from a negative ₹1.96 in the year-ago period.Issue Proceeds UtilisationThe bank confirmed that issue proceeds from Non-Convertible Debentures (NCDs) totalling ₹1,000 crore (₹500 crore due December 2024 and ₹500 crore due July 2025) have been fully utilised for their intended purpose, with no material deviation from the offer document.Board MeetingThe Board of Directors’ meeting commenced at 11:00 hours and concluded at 14:45 hours on 28 July 2026.Disclaimer: This report is based on the company’s filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.