Jana Small Finance Bank reported a significant surge in its Q2 FY27 financial performance, with Profit After Tax (PAT) growing 127% year-on-year to ₹170 crore. Gross advances increased by 22% to ₹38,752 crore, and total deposits grew by 17% to ₹38,221 crore. The Net Interest Margin (NIM) improved to 7.5%, while the Cost to Income ratio saw a reduction to 64.3%.
Jana Small Finance Bank Reports Strong Q2 FY27 Results
Jana Small Finance Bank has announced its audited financial results for the quarter and half-year ended 30th September 2026, revealing robust growth across key performance indicators. The bank achieved a Profit After Tax (PAT) of ₹170 crore for the second quarter of FY27, marking a substantial 127% increase compared to the same period last year. This performance significantly exceeds the bank’s guidance for a 100% increase in PAT.
Key Financial Highlights (Q2 FY27)
- Asset Growth: Gross advances (GLP) stood at ₹38,752 crore, up 22% year-on-year. Secured assets grew by 24% year-on-year.
- Deposit Growth: Total deposits reached ₹38,221 crore, an increase of 17% year-on-year. CASA grew by 13% and Term Deposits by 19%.
- Profitability: PAT for Q2 FY27 was ₹170 crore, a 127% growth over Q2 FY26.
- Net Interest Margin (NIM): Improved from 6.5% in Q2 FY26 to 7.5% in Q2 FY27.
- Asset Quality: GNPA ratio stood at 2.17% and NNPA at 1.08%. The bank expects NNPA to fall below 1% in Q3 FY27 due to expected claims.
- Efficiency: Cost to Income ratio improved to 64.3%.
- Capital Adequacy: Capital Adequacy Ratio (CAR) was 20.0%, with Tier-1 CAR at 18.2%.
Management Commentary
Commenting on the performance, Mr. Ajay Kanwal, MD and CEO of Jana Small Finance Bank, stated, “We are focused on delivering on our strategy of 80% secured assets with disciplined execution to get cost optimization. We continue to increasingly invest in digital and in AI led processes. The credit quality of the asset book is stable and we can see opportunities to grow in all our secured loans products. Our CASA is an area where we are very focused on improving in H2.”
Awards and Recognition
The bank also highlighted recent accolades, including the IBA Banking Technology Award for Identity & Access Management in July 2026 and the Best-in-Class Social Customer Experience in Banking award in September 2026. Furthermore, its “Jana Bank x Bharat Ke Super Founders” campaign received a Bronze Award at the ET DigiPlus Awards 2026.
Source: BSE
