Jana Small Finance Bank Ltd Q2 FY2025 PAT slides to Rs. 96.71 crores

Jana Small Finance Bank Limited has reported Standalone financial results for the period ended September 30, 2024.

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 1341.6073 crores during the period ended September 30, 2024 as compared to Rs. 1356.0684 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 96.7181 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 170.5620 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 9.15 for the period ended September 30, 2024 as compared to Rs. 16.14 for the period ended June 30, 2024.

Financials	Q2 FY2025	Q1 FY2025	% Change
Total Income	₹ 1341.6073 crs	₹1356.0684 crs	-1.07%
Net Profit	₹96.7181 crs	₹170.5620 crs	-43.29%
EPS	₹9.15	₹16.14	-43.31%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs. 1341.6073 crores during the period ended September 30, 2024 as compared to Rs.1142.5779 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.96.7181 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.122.8535 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.9.15 for the period ended September 30, 2024 as compared to Rs.15.24 for the period ended September 30, 2023.

Financials	Q2 FY2025	Q2 FY2024	% Change
Total Income	₹ 1341.6073 crs	₹1142.5779 crs	17.42%
Net Profit	₹96.7181 crs	₹122.8535 crs	-21.27%
EPS	₹9.15	₹15.24	-39.96%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.2697.6757 crores during the 6 Months period ended September 30, 2024 as compared to Rs.2215.5681 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.267.2801 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.213.2184 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.25.29 for the 6 Months period ended September 30, 2024 as compared to Rs.29.45 for the 6 Months period ended September 30, 2023.

Financials	Half Year Ended FY2025	Half Year Ended FY2024	% Change
Total Income	₹2697.6757 crs	₹2215.5681 crs	21.76%
Net Profit	₹267.2801 crs	₹213.2184 crs	25.36%
EPS	₹25.29	₹29.45	-14.13%

Asset Quality:

Asset Quality	Q2 FY2025	Q1 FY2025	Q2 FY2024
Gross NPA	₹754.6487 crs	₹645.9295 crs	₹521.3131 crs
Gross NPA %	2.97%	2.62%	2.44%
Net NPA	₹247.2851 crs	₹240.7536 crs	₹182.8936 crs
Net NPA %	0.99%	0.99%	0.87%

Gross NPA was at ₹ 754.6487 crs in Q2 FY2025 against ₹ 521.3131 crs in Q2 FY2024. The same was at ₹ 645.9295 crs in Q1 FY2025.

Net NPA was at ₹ 247.2851 crs in Q2 FY2025 against ₹ 182.8936 crs in Q2 FY2024. The same was at ₹ 240.7536 crs in Q1 FY2025.

GNPA was at 2.97% of Gross advances as on September 30, 2024 as compared to 2.44% as on September 30, 2023 and 2.62% as of June 30, 2024.

Net NPA was at 0.99% of Gross advances as on September 30, 2024 as compared to 0.87% as on September 30, 2023 and 0.99% as of June 30, 2024.

Ratios	Q2 FY2025	Q1 FY2025	Q2 FY2024
RoA %	1.17%	2.10%	1.81%
CAR (BASEL III) %	18.81%	19.29%	17.50%

Return on Average Assets (RoA) is at 1.17% for Q2 FY2025 against 2.10% in Q1 FY2025 and 1.81% in Q2 FY2024.

In Q2 FY2025, Bank's total Capital Adequacy Ratio (CAR) was at 18.81%, as compared to 19.29% in Q1 FY2025 and 17.50% in Q2 FY2024.

Shares of Jana Small Finance Bank Limited was last trading in BSE at Rs. 509.80 as compared to the previous close of Rs. 528.50. The total number of shares traded during the day was 4735 in over 306 trades.

The stock hit an intraday high of Rs. 540.00 and intraday low of 507.95. The net turnover during the day was Rs. 2469753.00.

Source : Equity Bulls

Keywords

JanaSmallFinanceBank Q2FY25 H1FY25 Q2FY2025 H1FY2025 ResultUpdate