Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results

Audit Opinion:

Audit Opinion: Unmodified Limited Review Report (Clean)

Auditor: M/s GSA & Associates LLP, Chartered Accountants

Auditor's Comment: Nothing has come to their attention that causes them to believe the Statement contains any material misstatement, except for Pillar 3 disclosures (Leverage Ratio, Liquidity Coverage Ratio, Net Stable Funding Ratio) which were not reviewed as they are disclosed on the Bank's website.

Key Financial Highlights [₹ in lakhs]:

Standalone Results:

Quarter ended June 30, 2026 (Q1 FY27):

  • Revenue from Operations (Interest Earned): ₹28,818 (YoY: +16.6% from ₹24,709 in Q1 FY26)
  • Other Income: ₹79 (YoY: +68.1% from ₹47 in Q1 FY26)
  • Total Income: ₹31,430 (YoY: +16.4% from ₹26,996 in Q1 FY26)
  • Interest Expended: ₹15,467
  • Operating Expenses: ₹9,529 (Employee cost: ₹5,094; Other operating expenses: ₹4,434)
  • Operating Profit before Provisions: ₹6,435 (YoY: +25.3% from ₹5,135 in Q1 FY26)
  • Provisions other than tax: ₹935
  • Profit before tax: ₹5,500 (YoY: +29.4% from ₹4,251 in Q1 FY26)
  • Tax Expense: ₹1,370
  • Net Profit: ₹4,130 (YoY: +29.0% from ₹3,201 in Q1 FY26)
  • EPS Basic: ₹9.09 (non-annualized)
  • EPS Diluted: ₹9.06 (non-annualized)

Comparative Figures:

  • Q4 FY26 (March 31, 2026) Net Profit: ₹4,008
  • FY26 (March 31, 2026) Net Profit: ₹14,139

Balance Sheet Position (as of June 30, 2026):

  • Paid-up equity share capital: ₹4,547 (Face Value ₹10 each)
  • Reserves excluding Revaluation Reserves: ₹1,44,295
  • Net Worth: ₹1,48,041
  • Total Deposits: ₹10,59,557
  • Total Borrowings: ₹68,559
  • Total Assets: ₹12,94,997
  • Cash and Balances with RBI: ₹38,028
  • Balances with Banks and Money at call: ₹1,20,250
  • Investments: ₹2,03,663
  • Advances: ₹9,95,160
  • Fixed Assets: ₹10,190
  • Other Assets: ₹27,596

Key Ratios:

  • Capital Adequacy Ratio: 21.58% (Tier-I: 19.17%)
  • Gross NPA: ₹22,438; % of Gross Advances: 2.47% (Improved from 2.54% in Q4 FY26)
  • Net NPA: ₹10,206; % of Net Advances: 1.14% (Improved from 1.24% in Q4 FY26)
  • Return on Assets (annualized): 1.30% (vs 1.18% in Q1 FY26)
  • Operating Margin: 20.47%
  • Net Profit Margin: 13.14%
  • Debt-Equity Ratio: 0.46
  • Total Debt to Total Assets: 5.29%

Segment-wise Performance [₹ in lakhs]:

Segment Revenue for Q1 FY27:

  • Treasury: ₹(5,909) [Inter-segment revenue elimination]
  • Retail Banking: ₹5,944
  • Wholesale Banking: ₹340
  • Other Banking Operations: ₹1,412
  • Total Income from Operations: ₹31,430

Segment Results for Q1 FY27:

  • Treasury: ₹724
  • Retail Banking: ₹660
  • Wholesale Banking: ₹310
  • Other Banking Operations: ₹969
  • Total Segment Results: ₹8,020

Segment Assets (as of June 30, 2026):

  • Treasury: ₹3,28,223
  • Retail Banking: ₹9,08,348
  • Wholesale Banking: ₹1,51,013
  • Other Banking Operations: ₹890
  • Unallocated: ₹6,423
  • Total Assets: ₹12,94,897

Corporate Actions:

  • Dividend: Final dividend of ₹1.5 per equity share (face value ₹10 each) for FY26, approved by shareholders in AGM on June 25, 2026, and paid during the quarter.
  • ESOP Allotment: Allotted 46,414 equity shares during the quarter pursuant to exercise of options under approved employee stock option schemes.

Other Significant Information:

  • Business Growth: Advances grew 22.0% YoY to ₹9,074 Cr; Deposits grew 16.3% YoY to ₹10,596 Cr.
  • Asset Quality: Gross NPA improved to 2.47% (Q1 FY26: 2.75%; Q4 FY26: 2.54%); Net NPA improved to 1.14% (Q1 FY26: 1.39%; Q4 FY26: 1.24%).
  • Profitability: NIM expanded to 4.21% (Q1 FY26: 4.06%; Q4 FY26: 4.06%); ROA at 1.30% (Q1 FY26: 1.18%); ROE at 11.20% (Q1 FY26: 9.43%).
  • Branch Network: 216 branches across 5 states and 2 Union Territories.
  • Portfolio Composition: 97.4% secured exposure; zero direct microfinance exposure; MSME segment grew 11% QoQ and 49% YoY.
  • CASA Ratio: 36.7% of total deposits (average CASA 35.3% for Q1 FY27).
  • Credit Cost: 0.31% for Q1 FY27.
  • Provision Coverage Ratio: Improved to 54.51% from 51.89% in Q4 FY26.