India's Jana Small Finance Bank drops on lower quarterly profit, asset quality woes

Jana Small Finance Bank

23/07/2025 05:02

** India's Jana Small Finance Bank JANA.NS sheds 3.5% to 474.90 rupees

** Lender reports 40% Y/Y slump in Q1 profit and worsening asset quality

** Its net interest income, however, grew 2.5% Y/Y, led by treasury gains

** Gross non-performing assets as a percentage of total loans deteriorated to 2.91% as of June-end vs 2.71% at end-March

** Stock trims YTD gains to 20%

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))