Mumbai, July 20 -- Net interest income (NII) grew by _ % on YoY basis to Rs 427 crore in Q1 FY27 as against Rs 363 crore in Q1 FY26. Net interest margin (NIM) stood at 2.83% as on 30 June 2026, up 21 basis points YoY.

Operating profit for Q1 FY27 rose 15.3% to Rs 354.43 crore from Rs 307.35 crore in Q1 FY26.

Provisions declined by 50.2% YoY to Rs 13.06 crore in the June 2026 quarter. Provision Coverage Ratio stood at 81.7% as on 30 June 2026.

As per the requirement of Ind AS 109, provision on advances has to be carried in the books of account on the basis of expected credit losses (ECL).

Accordingly, CFHL is required to carry provisions of Rs 410 crore towards expected credit losses. CFHL is carrying total provision of Rs 509 crore, i...