Jana Small Finance Bank Q3 FY25 Results: PAT declines 17.8% YoY to Rs 110.66 crore, GNPA at 2.80%

Jana Small Finance Bank has reported its financial results for the quarter ending December 31, 2024 (Q3 FY25). While the bank demonstrated sequential growth in profitability, there was a year-on-year decline in its performance metrics.

Key Financial Highlights (Q3 FY25):

  • Net Profit After Tax (PAT):
    • ₹110.6 crore in Q3 FY25, a 17.8% decline YoY from ₹134.64 crore in Q3 FY24.
    • Sequentially, PAT increased 14.2% QoQ, compared to ₹96.87 crore in Q2 FY25.
  • Total Income:
    • ₹1,354.8 crore, up from ₹1,175.4 crore in Q3 FY24, marking a 15.2% YoY growth.
  • Operating Profit:
    • ₹279.09 crore, compared to ₹295.27 crore in Q3 FY24, reflecting a 5.5% decline YoY.
  • Gross NPA:
    • Stood at ₹7,578.15 crore with a ratio of 2.80%, stable compared to 2.97% in Q2 FY25.
  • Net NPA:
    • ₹2,505.12 crore with a ratio of 0.94%, down from 0.99% in Q2 FY25.

Operational Insights:

  • Interest Earned: ₹1,177.4 crore, reflecting a robust growth supported by higher loan disbursements.
  • Other Income: ₹177.4 crore, up from ₹139.95 crore in Q3 FY24.
  • Operating Expenses: ₹490.9 crore, up from ₹472.3 crore in Q2 FY25, reflecting investments in growth and infrastructure.

Conclusion:

Despite a decline in PAT YoY, Jana Small Finance Bank continues to demonstrate operational resilience with sequential improvements in profitability and asset quality. The reduction in NPAs signals the bank’s strong credit risk management, positioning it for sustained growth in the coming quarters.