Quarterly Result8 Aug 2025, 02:21 pm
Equitas Small Finance Bank Reports 8% Advances Growth in Q1FY26, Despite One-Time Provision Impact
AI Summary
Equitas Small Finance Bank Limited has reported an 8% year-over-year (YoY) growth in advances and 18% YoY growth in deposits for the quarter ended June 30, 2025. The bank made a one-time additional provision of Rs. 330 Crs, leading to a miss in profit after tax (PAT). Key highlights include a 91% secured loan advances share, 50% YoY growth in used car advances, and a stable CASA ratio at 29%. The bank's Net Interest Margin (NIM) stood at 6.55%, and the Total CRAR was at 20.48%.
Key Highlights
- 8% YoY growth in advances, led by 18% growth in Non-MFI advances
- 18% YoY growth in deposits, with 20% YoY growth in Retail TD
- One-time additional provisions of Rs. 330 Crs during the quarter
- 91% of total advances from secured loan advances
- 50% YoY growth in used car advances, and 26% YoY growth in used CV advances