Equitas Small Finance Bank’s Board of Directors has approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The results, reviewed by the Audit Committee, showcase an operating profit before provisions of ₹307.1 million. The bank confirms full utilization of proceeds from Non-Convertible Debentures (NCDs) issued, totaling ₹10 billion. Disclosures align with SEBI Listing Obligations and related regulations.
Financial Performance in Q3 2026
Equitas Small Finance Bank (ESFB) announced its unaudited financial results for the third quarter (Q3) and nine months of fiscal year 2026, ending December 31, 2025. Key highlights from the announcement include:
- Total Income: Reached ₹1,981.1 million for Q3.
- Operating Profit: Recorded ₹3,071.7 million before provisions and contingencies.
- Net Profit: Stood at ₹900.2 million after tax for the quarter.
Asset Quality and Key Ratios
The announcement included key performance indicators for asset quality:
- Gross Non-Performing Assets (NPAs): Amounted to ₹11,160.9 million.
- Net NPAs: Totaled ₹3,671.5 million.
- Capital Adequacy Ratio: Maintained at a solid 20.47%, reflecting healthy capital buffers.
NCD Proceeds Utilization
Equitas Small Finance Bank confirms the full utilization of the issue proceeds from Non-Convertible Debentures (NCDs). The bank raised ₹5 billion as of December 5, 2024 and another ₹5 billion as of July 31, 2025. These funds were utilized for the intended purposes as stated in the offer documents, with no material deviations reported.
Segment Reporting Highlights
- Retail Banking: Reported revenue of ₹1,684 million in Q3.
- Treasury: Recorded a revenue of ₹230.5 million.
Source: BSE
