slice Swings To Rs.51 Cr Profit In Q1, Total Income Rises 39% YoY
India, Aug. 11 -- slice Small finance bank (SFB) swung to a profit after tax (PAT) of Rs.50.9 Cr in the June quarter of the financial year 2026-27 (Q1 FY27) from a net loss of Rs.10.1 Cr in the year-ago quarter.
On a sequential basis, the bank's PAT surged 149% from Rs.20.4 Cr in Q4 FY26, according to its unaudited financials. Its profit for the quarter under review also surpassed the Rs.48.4 Cr PAT it reported for the entire FY26.
slice's total income rose 38.6% to Rs.413.8 Cr during the quarter from Rs.298.6 Cr in Q1 FY26. Sequentially, total income increased 3.5% from Rs.399.7 Cr.
The bank reported a profit before tax of Rs.49.1 Cr during the quarter compared with a loss before tax of Rs.10.1 Cr in Q1 FY26 and a profit before tax of...
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