Equitas Small Finance Bank reports 36 per cent growth in Q3FY26 PAT
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Gross advances grew by 16 per cent y-o-y to end at ₹43,268 crore as of December 2025.
Equitas Small Finance Bank announced a net profit of ₹90 crore for the third quarter of fiscal year 2026 (October–December 2025), marking a 36% increase compared to the same quarter last year.
This growth follows an additional one-time provision of ₹29.5 crore related to the implementation of the new Labour Code during the quarter. The bank’s performance was bolstered by strong expansion in its loan portfolio.
Gross advances rose 16% year-over-year to ₹43,268 crore as of December 2025, while disbursements reached an all-time high of ₹6,557 crore for the quarter—a 28% increase from the previous year. Growth was led by the non-microfinance segment, particularly housing finance and gold loans. Total deposits grew 7% year-on-year to ₹43,668 crore.
The net interest margin (NIM) improved significantly to 6.72%, climbing 43 basis points from the preceding quarter. Asset quality also strengthened, with gross non-performing assets (GNPA) declining to 2.62% (down 20 basis points quarter-over-quarter) and net NPA (NNPA) improving to 0.88% (down 7 basis points).
Published on January 29, 2026
