Earnings Review
Utkarsh Small Fin Bk posts loss Q4; income dn, provisions up
This story was originally published at 07:42 IST on 11 May 2026
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By Suryash Kumar
MUMBAI – Utkarsh Small Finance Bank Ltd. posted a net loss for the March quarter owing to a decline in total income and increase in provisions. The bank posted a net loss even though it had a large deferred tax.
The bank recorded a net loss of INR 1.88 billion for the March quarter against a net profit of INR 29.67 million a year ago. Its net loss for the December quarter was INR 3.75 billion.
Its total income fell to INR 9.52 billion, down over 18% on year, while its provisions rose to INR 2.44 billion, up over 9% on year. Its interest earned fell to INR 8.37 billion, down nearly 5% on year.
For the March quarter, the bank saw a tax write-back of INR 440.68 million as against tax outgo of INR 83 million.
The bank's gross non-performing asset ratio as of Mar. 31 was 7.71%, down from 9.43% a year ago and 11.05% as on Dec. 31, signalling an improvement in asset quality. The bank's capital adequacy ratio was 17.71% as on Mar. 31.
The bank's deposits as of Mar. 31 were INR 216.54 billion marginally up from INR 215.66 billion a year ago. Its advances, net of provisions, as of Mar. 31 were 180.70 billion, down from INR 187.16 billion a year ago.
For the financial year 2025-26 (Apr-Mar), the bank posted net loss of INR 11.51 billion against a net profit of INR 237 million in FY25. The bank's total income was INR 38.10 billion for FY26 against 43.65 billion in FY25. End
Edited by Akul Nishant Akhoury
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