Jana Small Finance Bank Q2 profit jumps 127%, raises FY27 growth outlook

Jana Small Finance Bank reported a 127% surge in second quarter net profit at Rs 170 crore against Rs 75 crore in the year ago period, backed by business growth and improvement in asset quality.

The first half net profit stood at Rs 326 crore while it earned the exact same amount in FY26 prompting Jana to revise annual profit growth guidance upwards to 100% against an earlier projection of 80%.

Its net interest margin for the quarter improved to 7.5% from 6.5% in the year-ago period.


Operating profit stood at Rs 374 crore against Rs 266 crore, representing a 41% jump.

Its asset quality improved with gross-non performing assets ratio falling to 2.34% at the end of September from 2.87% a year prior. Net NPA rose above 1.17% against 0.94%.

The bank's gross loan portfolio grew 22% year-on-year to Rs 38,752 crore with about three-fourth of it being secured. Its deposits rose 17% year-on-year to Rs 38,221 crore.