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Equitas Small Finance Bank Q4 profit soars fivefold on expansion and sharply lower credit costs

Business
Published on 30 April 2026
Equitas Small Finance Bank Q4 profit soars fivefold on expansion and sharply lower credit costs

Provisions fell fast as NPAs tightened

Equitas Small Finance Bank reported a fivefold jump in Q4 net profit to Rs 213 crore, driven by faster business growth and improving asset quality. The bank lowered provisions, saw its net interest margin rise, and recorded 22% year-on-year growth in gross advances. Non-performing assets declined and credit costs fell, helping earnings outperform.

  • Q4 net profit jumped five times to Rs 213 crore
  • Gross advances grew 22% year-on-year
  • Non-performing assets fell and credit costs declined
  • Improved net interest margin and lower provisions supported results
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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