Jana Small Finance Bank Limited reported its highest-ever quarterly profit before tax (PBT) of ₹170 crores in Q2 FY27, marking a 127% year-on-year increase. The bank’s H1 PBT equalled its full-year PBT for FY26, while its FY27 PAT growth guidance has been raised to 100% year-on-year.
The bank’s Gross Loan Portfolio (GLP) grew 22% year-on-year to ₹38,752 crores, with secured assets accounting for 73.7% of the portfolio. Secured assets grew 24% year-on-year, while total deposits increased 17% to ₹38,221 crores.
Net Interest Margin improved from 6.5% in Q2 FY26 to 7.5% in Q2 FY27. The cost-to-income ratio improved from 67.0% in Q1 FY27 to 64.3% in Q2 FY27, with operating expenses marginally lower quarter-on-quarter. GNPA stood at 2.17%, while NNPA was 1.08%, expected to fall below 1% following claims of ₹68 crores under guarantee programmes, expected in Q3.
Commenting on the performance, Mr. Ajay Kanwal, MD and CEO, Jana Small Finance Bank, said, “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.”
