Chennai-based Equitas Small Finance Bank reported a net loss of ₹224 crore in the quarter ended June 2025, as against a profit of ₹26 crore in the same quarter last year.
The loss was attributed to an additional standard asset provision of ₹185 crore in microfinance and ₹145 crore for additional non-performing assets (NPA) provision due to a change in provisioning norms, according to a statement from the company.
Overall deposits registered 18 per cent y-o-y growth. Interest income increased 9.8 per cent y-o-y to ₹1,649 crore in Q1 FY26, compared to ₹1,501 crore in the year-ago period. Net Interest Income for the quarter grew by 8 per cent y-o-y.
In the June 2025 quarter, the private sector bank saw gross advances being muted with contraction in the microfinance loan books and a growth of 18 per cent in the non-microfinance book.
Meanwhile, the retail banking segment saw a loss after tax of ₹432 crore, as against ₹2 crore in the year-ago period. The bank’s net NPA for the quarter stood at ₹342 crore (₹264 crore), the release said.
Published on August 8, 2025
