Newspatrolling.com News cum Content Syndication Portal Online
.GNA declining to 2.71% and NNPA at 0.9%;
CASA growthǴ22%--(7%growth for Yն9’25);ٱDzǷɳٳ24%--(15%Ƿɳٳڴǰ۰ն9’25)
Secured assetgrowth Ǵ36%y-o-y (29%growth for Yն9’25);Բܰde-growthǴ7%--(de-growthǴ11%ڴǰ۰ն9’25)
Bengaluru, January21st,2025:TheBoardǴDirectorsǴԲԲԳٱat its meeting today, approved the unaudited financial results for the quarter and nine months period ending December 31, 2024.
ᾱٲڴǰ925
- stands₹27,984crore,growingby19%--with68%assetssecured.
ܰgrowth29%for9M andԲܰ-Ƿɳٳof 9M is11%
ڴڴǰ岹dzܲԲ&;ѾܲԱɾٳ.11,000ǰ39%
ǴthetotalAUM
- մdzٲٱDzٲstands₹25,865crore
ٱDzٲgrowthǴ24%--and15%in9M
䴡Dzٲstand₹4,768crore,increasingby22%--and7%in9M
նgrowth Ǵ25%y-o-y,16%in9M
䴡پstands18.4%asDecember-24decreasedfrom19.7%inMarch-2024 given rate reduction
- CapitalAdequacy18.4%withTier-1鴡Ǵ17.5%.StrongliquiditywithǴ279%
- DzԲԲ9Ǵھ,鴡20.4%,annualized ROA&ROE1.5%and13.5%respt.
- GNPA2.71%reducingby15 basispointsq-o-q;ʴ0.91%andʰ66.9%
·HighesteverPBTǴRs.354crores for9months
- PATǴ₹378ǰaftercreatingforanacceleratedprovisionof ₹208ǰand adding DTA of ₹24 crores
Commenting on the performance,Mr. Ajay Kanwal, MD and CEO, Jana Small Finance Bank:“The Bank has delivered a strong quarter with improving credit quality and strong growth in secured assets. MFI business challenge have bottomed out but we remain cautious. Focus on retail CASA will get further attention given price cut. The strong performance in a difficult year has been possible due to the dedicated and committed effort put in by the 24,000 employees across our national footprint in 24 states and 778 branches.”
Highlights for the nine months period ended Dec 31, 2024:
| ʲپܱ(₹̰ǰ) | ǰԱDzԳٳǻԻ | |
| 925 | 924 | |
| ԳٱԳdz | 1,796 | 1,536 |
| Dz-ԳٱԳdz | 542 | 491 |
| մdzٲԳdz | 2,338 | 2,027 |
| Opex | 1,405 | 1,176 |
| پԲʰǴھ | 934 | 851 |
| ʰDZDz(ܱٴǰ) | 372 | 504 |
| ʰDZDz(ٱ) | 208 | – |
| PBT | 354 | 348 |
| ղԲ(徱ٲ) | (24) | – |
| PAT | 378 | 348 |
Key Ratios Highlights:
| Particulars | ǰԱDzԳٳǻԻ | |
| 925 | 924 | |
| CASAtoTotalDeposit(%) | 18.4% | 18.8% |
| NetInterestMargin(Annualised) | 7.6% | 7.9% |
| CosttoIncomeRatio | 60.1% | 58.0% |
| AdjustedReturnonAverageAssets(Annualised)# | 2.3% | 1.7% |
| AdjustedReturnonAverageEquity(Annualised)# | 20.3% | 20.2% |
| ReturnonAverageAssets(Annualised) | 1.5% | 1.7% |
| ReturnonAverageEquity(Annualised) | 13.5% | 20.2% |
| CapitalAdequacyRatio(CAR) | 18.4% | 16.3% |
| GrossNPA(%)* | 2.71% | 2.19% |
| NetNPA(%)* | 0.91% | 0.71% |
#AdjustedReturnonAverageAssetsand AdjustedReturnonAverageEquityis calculatedonAdjustedPATwhere Adjusted PAT is reported PAT + Accelerated provision
*AdvancesforthepurposeǴGNPA/ʴcalculationincludesSecuritizationbook
