Equitas Small Finance Bank Limited has informed the Exchange regarding a press release dated August 08, 2025, titled "Press release on the unaudited financial results for quarter ended June 30, 2025".
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Awaiting price reaction for this filing.
Equitas Small Finance Bank reported Q1FY26 results with advances growing 8% YoY (non-microfinance book up 18%) and deposits rising 18% YoY, including 20% growth in retail term deposits to Rs. 19,354 Crs. The bank made one-time additional provisions of Rs. 330 Crs (Rs. 185 Crs for microfinance standard assets and Rs. 145 Crs for NPA provisioning norm changes), resulting in a quarterly loss of Rs. 224 Cr. Asset quality improved, with GNPA down to 2.82% and NNPA at 0.95%. Capital position remains strong with CRAR at 20.48%, further bolstered by Rs. 500 Cr Tier II capital raised in July 2025. NIM stood at 6.55%, CASA ratio at 29%, and current account balances grew 92% YoY.
The quarterly loss is likely to weigh on short-term sentiment, but the loss stems from prudent one-time provisioning rather than core business weakness. Strong deposit growth, improving asset quality, and comfortable capital ratios suggest the bank's underlying franchise remains healthy.