Equitas Small Finance Bank on Tuesday reported a net profit for the quarter ended June 2026 (Q1FY27) at ₹183 crore compared to a loss of ₹223 crore in the same quarter last year as business levels surged.On a sequential basis, net profit was down 13 per cent from ₹212 crore in Q4FY26.While gross advances grew 27 per cent y-o-y, the growth was led by a 179 per cent rise in gold loan over the previous year, 70 per cent growth in microfinance and micro loans, 24 per cent growth in housing finance, 28 per cent in micro and small enterprise finance (MSE) loans. Small business loans, the bank’s flagship product grew by 15 per cent YoY.Overall disbursements stood at ₹6,784 crore in Q1, a growth of 93 per cent YoY.Deposits registered a growth of 10 per cent y-o-y. Cost of funds reduced by 44 bps to 7.05 per cent in Q1FY27.The NIM for the quarter stood at 7.24 per cent going up by 87 bps YoY. Asset quality improved as GNPA reduced by 13 bps q-o-q at 2.36 per cent in Q1FY27. NNPA reduced by 2 bps q-o-q to 0.70 per cent in Q1FY27Meanwhile, the bank’s FCNR deposit facility has crossed $42 million. The facility was launched in July of 2025 alongside Equitas Explorer Savings Account—a specially designed savings account for NRIs and Persons of Indian Origin (PIOs) working in foreign shipping companies, merchant navy, and oil rigs.New CFO, CROEquitas has also announced the appointment of Mukund Shyamrao Barsagade as its Chief Financial Officer and Taraka Ramana Prathipati as Interim Chief Risk Officer, effective July 1, 2026.Published on July 28, 2026