Small finance bank slice on Tuesday announced a profit of over ₹50 crore for the first quarter of 2026-27, surpassing the bank's net profit for the entire previous fiscal of 2025-26, a company statement said.
Small Finance Bank Slice Announces Profit Of Over ₹50 Crore In First Quarter Of Current Fiscal
Net worth stood at ₹896 crore as of June 30, 2026, and the capital to risk-weighted assets ratio came in at 18.2%, well above regulatory requirements, the statement said.
Small Finance Bank Slice Announces Profit Of Over ₹50 Crore In First Quarter Of Current Fiscal slice
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The bank's full-year profit for 2025-26 was ₹48.4 crore It said for the quarter ended June 30, 2026, the bank reported a net profit after tax of ₹50.9 crore, against a net loss of ₹10.1 crore in the same quarter of the previous financial year.
The total income grew to ₹413.8 crore from ₹298.6 crore in the year-ago quarter, a year-on-year increase of about 39%.
Net worth stood at ₹896 crore as of June 30, 2026, and the capital to risk-weighted assets ratio came in at 18.2%, well above regulatory requirements, the statement said.
The bank's gross NPA and net NPA have improved to 4.36% and 3.24% respectively, compared to 6.31% and 4.66% respectively, as of June 30, 2025.
Its gross loan book grew about 55% year-on-year to ₹5,098 crore as of June 30, 2026, from ₹3,284 crore; while the deposits nearly doubled to ₹5,765 crore from ₹3,038 crore, as of June 30, 2025.
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Total assets of the bank stood at ₹7,444 crore, a year-on-year increase of 54%, the statement added.
Slice Small Finance Bank, with its registered office in Guwahati, was formed following the merger of consumer payments and lending company Slice with North East Small Finance Bank.