Utkarsh Small Finance Bank (UTKARSHBNK) Q1 26/27 earnings summary

Executive summary

• Unaudited financial results for the quarter ended June 30, 2026, were approved by the Board and reviewed by joint statutory auditors, with an unmodified conclusion issued.

• Financial statements prepared in accordance with Indian GAAP, RBI guidelines, and SEBI Listing Regulations.

Financial highlights

• Total income for Q1 FY27 was ₹1,00,237.22 lakh, up from ₹95,207.02 lakh in the previous quarter and ₹1,01,865.14 lakh in Q1 FY26.

• Net loss after tax for Q1 FY27 was ₹3,391.97 lakh, compared to a net loss of ₹18,801.56 lakh in the previous quarter and ₹23,948.05 lakh in Q1 FY26.

• Operating profit before provisions and contingencies was ₹6,356.74 lakh, up from ₹1,230.90 lakh in the previous quarter.

• Provisions and contingencies for Q1 FY27 were ₹10,898.21 lakh, significantly lower than ₹24,439.30 lakh in the previous quarter.

• Earnings per share (basic and diluted) for Q1 FY27 stood at (₹0.19), compared to (₹1.06) in the previous quarter.

Outlook and guidance

• The Board continues to progress on the amalgamation with Utkarsh CoreInvest Limited, with regulatory and shareholder approvals in process and NCLT hearings ongoing.

• No project finance exposure as of June 30, 2026.