Ujjivan SFB Q4 profit jumps 238% on strong asset quality; CreditAccess Grameen PAT soars 7-fold

Ujjivan Small Finance Bank reported a 238% surge in fourth quarter net profit at Rs 282 crore as compared with Rs 83.3 crore in the year ago period, backed by business expansion and better asset quality.

Its operating profit jumped 43% at Rs 515 crore against Rs 360 crore.

The bank's annual net profit stood at Rs 693 crore in FY26, down from Rs 726 crore in the preceding fiscal.


Its net interest margin for the quarter expanded by 20 basis points to 8.5%.

Gross non-performing assets ratio improved sequentially at 2.27% at the end of March from 2.39% three months prior. The collection efficiency from microfinance borrowers stood at 99.8% for March, in a reflection of stability coming back to the bottom of the pyramid market.

Provision coverage ratio improved to 81% from 78% a year back.

The bank's asset under management increased 26.6% year-on-year to Rs 40,655 crore, with secured book share rising to 49.4% from 43.5% a year ago. The bank is said to have recorded its highest-ever quarterly disbursements during the quarter.

Its deposits grew 21.4% to Rs 45,668 crore at the end of March.

The Ujjivan board approved a R. 2000 crore fundraise by selling shares in this fiscal.

CreditAccess Grameen Q4 profit shoots up 7-times YoY to Rs 340 crore

CreditAccess Grameen reported an over seven-fold spurt in fourth quarter net profit at Rs 340 crore as compared with Rs 47 crore in the year ago period, as the microfinance sector regained stability and back on growth track.

Its annual net profit stood at Rs 778 crore in FY26 against Rs 531 core in the preceding fiscal.

The country's largest pure-play microfinance lender reported a 14% year-on-year expansion in assets under management to Rs 29,590 crore while the gross non-performing assets ratio declined to 3.17% at the end of March from 4.76% a year prior.

Its quarterly disbursements increased by 28.4% year-on-year at Rs 8,313 crore.

The lender's operating profit for the quarter under review stood 23% higher at Rs 780 crore on a total income of Rs 1599 crore, which rose 14% year-on-year.