Capital Small Finance Bank Q2 Results: Profit zooms 37% to Rs 33.3 crore

Capital Small Finance Bank reported a 37% rise in net profit at Rs 33.3 crore for the second quarter of the fiscal as against Rs 24.3 crore in the year ago quarter.

The board of the bank has approved and recommended re-appointment of managing director Sarvjit Singh Samra for three years with effect from April 24, 2025. The board has also recommended chairman Navin Kumar Maini's extension till January 29, 2027 from April 24, 2025.

The bank's net interest margin for the quarter rose to 4.2% from 4% in the year-ago period. Operating profit was 42% higher at Rs 48.2 crore against Rs 34 crore.


The Jalandhar-headquartered bank saw its gross advances rising to Rs 6,718 crore, registering a 15% growth year-on-year.

Its asset quality improved, with gross non-performing assets ratio falling to 2.6% at the end of September from 2.73% a year back. Net NPA was at 1.29% against 1.36%.

Its deposit rose 11% year-on-year to Rs 7,780 crore, with the CASA ratio being lower at 37.1%, falling from 37.8% a year back.