Jana Small Finance Bank Ltd on Tuesday (April 29) reported a 13.3% year-on-year rise in fourth-quarter net profit at ₹140 crore, compared with ₹123 crore in the same period last year.
Net interest income (NII) increased 26.5% to ₹736 crore in the March quarter, up from ₹581.5 crore a year earlier. The net credit cost stood at ₹156 crore in line with guidance.
Asset quality remained steady, with net non-performing assets (NPA) flat at 0.92% on a sequential basis. Gross NPA improved to 2.46% in the quarter, compared with 2.71% in the previous quarter.
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Overall, special mention accounts (SMA) as of March 2026 stood at 3.7%, lower than 4% in March 2024 when money flow index (MFI) flows began. Slippages for Q4FY26 declined 24% versus Q3FY26 and were the lowest in the year. Net credit cost reduced from 0.79% in Q3FY26 to 0.47% in Q4FY26.
Assets grew around 23% year-on-year, while secured assets expanded 28%. The secured book accounted for 72.6% of the portfolio. The unsecured book grew 10% quarter-on-quarter and 8.5% year-on-year, with around 77% covered under the guarantee programme.
Total advances rose about 23% over last year and 9% sequentially to ₹36,289 crore. Secured lending segments, including gold loans, vehicle loans, MSME and affordable housing, reported growth, supporting overall secured asset expansion.
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Deposits increased 23% year-on-year to ₹35,784 crore. CASA (current account savings account) deposits stood at ₹6,418 crore, while term deposits were ₹29,366 crore. CASA ratio was 18%. Cost of deposits declined to 7.46% in Q4FY26 from 8.03% in Q4FY25 and 7.71% in the previous quarter.
Cost of funds stood at 7.46% in Q4FY26. Operating expenses included ₹55 crore towards guarantee programme costs, ₹77 crore linked to higher disbursements, ₹55 crore for investments in new businesses, and ₹12 crore related to the new wage code impact.
Shares of Jana Small Finance Bank Ltd ended at ₹468.45, down by ₹23.20, or 4.72%, on the BSE today, April 29.
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