Press Release on the financial results for the financial year ended March 31, 2026
UTKARSHBNK · price
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Utkarsh Small Finance Bank reported a net loss of ₹188 crore in Q4 FY26, which is 50% lower than the Q3 FY26 loss of ₹375 crore. For the full year FY26, the Bank reported a net loss of ₹1,151 crore compared to a profit of ₹24 crore in FY25. The Gross Loan Portfolio grew 5.6% QoQ to ₹19,332 crore, with the secured lending share increasing from 43% to 51%. Deposits grew 2.7% QoQ to ₹21,654 crore, and the CASA ratio improved to 24% from 22% in December 2025. Asset quality showed improvement with GNPA declining to 7.7% from 11.0% QoQ, and NNPA fell to 3.3% from 4.5%. The Bank raised ₹950 crore through a rights issue in November 2025, with CRAR standing at 17.71% (above the 15% statutory threshold).
The Bank is in a transformation phase with significant losses but showing sequential improvement in Q4. The capital raise has strengthened the balance sheet, and improving asset quality metrics suggest the worst may be over. However, shareholders face value destruction given the shift from profit to massive losses year-over-year.