Jana Small Finance Bank Q1 Profit Surges 52% to Rs 155 Cr

New Delhi, Jul 15 (PTI) Jana Small Finance Bank on Wednesday posted a 52 per cent rise in net profit to Rs 155 crore in the first quarter of this financial year.

The lender had earned a net profit of Rs 102 crore in the same quarter of the previous fiscal year.

The total income rose to Rs 1,741 crore during the June 2026 quarter from Rs 1,506 crore in the same period of FY26, Jana Small Finance Bank said in a regulatory filing.

Earlier this month, India Ratings downgraded the rating of outstanding listed non-convertible debentures (NCDs) issued by bank's promoters -- Jana Capital Ltd (JCL) and Jana Holdings Ltd (JHL) -- in view of the restructuring.

Rating action follows extension of maturity date of outstanding listed NCDs from June 30, 2026, to December 31, 2026, based on the approvals from the debenture holders.


During the quarter, interest earned by the bank improved to Rs 1,515 crore compared to Rs 1241 crore in the June quarter of FY26.

Its net interest income rose to Rs 782 crore during the quarter against Rs 586 crore a year ago.

The bank's operating profit also increased to Rs 333 crore from Rs 289 crore in the year-ago period.

The bank's asset quality witnessed improvement with gross non-performing assets (NPAs) moderating to 2.39 per cent of gross advances at the end of the June quarter, from 2.91 per cent a year ago.

Similarly, net NPAs, or bad loans, declined to 0.91 per cent against 0.94 per cent in the year-ago period.

Provisions and contingencies too declined to Rs 178 crore from Rs 187 crore at the end of June 2025.