Financial Results Summary

Quarterly Performance (₹ in lakhs):

  • Quarter ended September 30, 2026: Net loss of ₹2,090 lakhs
  • Quarter ended June 30, 2026: Net loss of ₹1,372 lakhs (Unaudited)
  • Quarter ended September 30, 2025: Net profit of ₹1,535 lakhs

Half Yearly Performance (₹ in lakhs):

  • Half year ended September 30, 2026: Net loss of ₹3,462 lakhs (Audited)
  • Half year ended September 30, 2025: Net profit of ₹3,311 lakhs (Audited)
  • Year ended March 31, 2026: Net profit of ₹5,246 lakhs (Audited)

Key Financial Metrics

Income Statement Highlights:

  • Interest earned: ₹7,446 lakhs (Q2 2026) vs ₹6,011 lakhs (Q2 2025)
  • Other Income: ₹25,916 lakhs (Q2 2026) vs ₹33,994 lakhs (Q2 2025)
  • Total Income: ₹33,362 lakhs (Q2 2026) vs ₹40,005 lakhs (Q2 2025)
  • Interest Expended: ₹3,546 lakhs (Q2 2026) vs ₹2,762 lakhs (Q2 2025)
  • Operating Expenses: ₹31,906 lakhs (Q2 2026) vs ₹35,121 lakhs (Q2 2025)

Key Ratios:

  • Capital Adequacy Ratio: 79.89% (Sep 2026) vs 77.19% (Sep 2025)
  • Basic EPS: (₹2.51) (Q2 2026) vs ₹1.84 (Q2 2025)
  • Return on Assets: -0.36% (Q2 2026) vs 0.35% (Q2 2025)
  • Debt-Equity Ratio: 2.89 (Sep 2026) vs 1.10 (Sep 2025)
  • Total Debt to Total Assets: 37.75% (Sep 2026) vs 20.01% (Sep 2025)

Segment Performance

Revenue by Segment (₹ in lakhs):

  • Retail Banking: ₹13,777 (Q2 2026) vs ₹12,618 (Q2 2025)
  • Treasury: ₹7,472 (Q2 2026) vs ₹6,030 (Q2 2025)
  • Other Banking Operations: ₹12,111 (Q2 2026) vs ₹21,356 (Q2 2025)

Segment Results (Profit/Loss before tax):

  • Retail Banking: ₹7,423 profit (Q2 2026)
  • Treasury: ₹4,849 profit (Q2 2026)
  • Other Banking Operations: ₹2,950 loss (Q2 2026)

Balance Sheet Position (as at September 30, 2026)

Assets (₹ in lakhs):

  • Total Assets: ₹5,89,387
  • Investments: ₹3,92,481
  • Balances with banks and money at call: ₹1,16,850
  • Cash and balances with RBI: ₹9,297
  • Fixed Assets: ₹35,131

Liabilities (₹ in lakhs):

  • Deposits: ₹2,29,940
  • Borrowings: ₹2,22,464
  • Capital: ₹8,322
  • Reserves and Surplus: ₹65,156

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash used in operating activities: ₹74,631 lakhs
  • Net cash used in investing activities: ₹3,217 lakhs
  • Net cash from financing activities: ₹68,935 lakhs
  • Net decrease in cash and cash equivalents: ₹8,913 lakhs

Management Changes

  • Mr. Rishi Gupta tendered voluntary early retirement from MD & CEO position effective May 21, 2026
  • Mr. Ketan Merchant appointed as Interim CEO for period not exceeding 3 months effective May 27, 2026, with RBI approval
  • Mr. Anup Agarwal appointed as Interim CFO for period not exceeding 3 months effective July 06, 2026
  • RBI approved extension of Mr. Ketan Merchant's tenure as Interim CEO for further three months w.e.f. August 27, 2026
  • Board approved extension of Mr. Anup Agarwal as Interim CFO for period not exceeding three months effective October 06, 2026

Strategic Developments

  • Received in-principle approval from RBI on December 5, 2025 for transition into Small Finance Bank
  • Appointed external consultant to support the transition within stipulated timeline

Additional Information

  • Board meeting held on October 29, 2026 from 2:00 PM to 6:15 PM IST
  • Information available on bank's website: www.fino.bank.in
  • The bank does not have any subsidiary/associate/joint venture companies as of September 30, 2026