Jana Small Finance Bank posted strong quarterly results with a net profit of ₹171.8 crore, marking a 40% year-on-year increase. Disbursements were up 3.3% sequentially, reaching ₹4,296 crore.
However, the disbursal-to-AUM ratio fell to 15.2% from 24.4%. AUM increased by 17.3% to ₹26,411 crore, and advances grew by 18.3% to ₹24,861.45 crore. Despite a rise in provisions, gross NPA increased to 2.97% from 2.62% in June, while net NPA remained stable at 0.99%.
Key Highlights:
Interest Earned:
- Q2 FY25: ₹1,166.05 crore
- Q1 FY25: ₹1,160.56 crore
- Q2 FY24: ₹979.02 crore
Jana Small Finance Bank saw a 0.47% quarter-on-quarter (QoQ) increase in interest earned, rising from ₹1,160.56 crore in Q1 FY25 to ₹1,166.05 crore in Q2 FY25. On a year-on-year (YoY) basis, interest earned jumped by 19.09%, up from ₹979.02 crore in Q2 FY24 to ₹1,166.05 crore in Q2 FY25.
Net Profit:
- Q2 FY25: ₹96.71 crore
- Q1 FY25: ₹170.56 crore
- Q2 FY24: ₹122.85 crore
The bank recorded a net profit of ₹96.71 crore in Q2 FY25, reflecting a 43.30% decline quarter-on-quarter (QoQ) compared to ₹170.56 crore in the previous quarter. Year-on-year (YoY), the net profit decreased by 21.26%, down from ₹122.85 crore in Q2 FY24 to ₹96.71 crore in Q2 FY25.
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