Equitas Small Finance Bank Ltd approves Q2 FY27 results, reporting net profit of ₹218.04 crore
- Total income was ₹2,357.51 crore, up 6.4% QoQ and 27.7% YoY; net profit rose 18.8% QoQ and 803.2% YoY.
- Results include an ₹84.63 crore provision reversal linked to the sale of non-performing advances to an ARC; limited-review conclusion was unmodified.
- Board conditionally approved Anil Kumar Sharma’s reappointment as Part-Time Chairman for three years from April 25, 2027, and confirmed full use of ₹1,500 crore in NCD proceeds with no deviation.