Equitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. The lender also reported higher operating profit, improved asset quality, robust asset growth and stable margins despite a slight sequential decline.

Equitas Small Finance Bank reports ₹183 crore profit in Q1, with strong growth in gold and microfinance loans.

Equitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. The lender also reported higher operating…