Home / Business and Economy / AU Small Finance Bank Sees Profits Soar 37%
AU Small Finance Bank Sees Profits Soar 37%
25 Jul
Summary
- Net profit increased 37% year-on-year to ₹796 crore.
- Net interest income grew 32% to ₹2,695 crore.
- Gross NPAs improved to 2.10% from 2.47%.
AU Small Finance Bank announced a significant 37% year-on-year surge in its net profit for the first quarter of fiscal year 2027, reporting ₹796 crore compared to ₹581 crore in the same period last year. The bank's net interest income experienced robust growth, increasing by 32% to ₹2,695 crore from ₹2,045 crore in Q1FY26.
Asset quality also showed marked improvement, with Gross Non-Performing Assets (GNPAs) falling to 2.10% of gross advances as of June-end 2026, down from 2.47% a year prior. Net NPAs similarly decreased to 0.76%. The bank's gross loan portfolio expanded by 23% to ₹1,44,250 crore, supported by a 24% rise in deposits to ₹1,57,727 crore.
Furthermore, Yogesh Jain, previously the Chief Operating Officer, has been elevated to the position of Deputy CEO, effective July 25, 2026. This strategic leadership change accompanies the bank's ongoing progress as it pursues its transition into a universal bank, having received in-principle approval in August 2025.
