Jana Small Finance Bank Q2 revenue jumps 127%, raises FY27 progress outlook

Jana Small Finance Bank reported a 127% surge in second quarter web revenue at Rs 170 crore in opposition to Rs 75 crore within the yr in the past interval, backed by trade progress and enchancment in asset high quality.

The first half web revenue stood at Rs 326 crore whereas it earned the very same quantity in FY26 prompting Jana to revise annual revenue progress steering upwards to 100% in opposition to an earlier projection of 80%.

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

Operating profit stood at Rs 374 crore in opposition to Rs 266 crore, representing a 41% leap.

Its asset high quality improved with gross-non performing belongings ratio falling to 2.34% on the finish of September from 2.87% a yr prior. Net NPA rose above 1.17% in opposition to 0.94%.

The financial institution’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.