Mumbai, Aug. 6 -- The loss marks a stark reversal from the Rs 5.92 crore profit reported in the March 2025 quarter and an even sharper fall from Rs 11.41 crore a year ago.

Net interest income (NII) held firm, inching up 1% sequentially to Rs 70.21 crore in Q1 FY26. On an annual basis, NII rose a healthy 25%, suggesting the company's core lending operations remain stable, even as profitability took a hit. Interest income rose 6% QoQ and 45.32% YoY to Rs 145.32 crore.

Pre-tax profit flipped into a loss of Rs 6.17 crore in Q1 FY26, compared to a profit of Rs 6.98 crore in Q4 FY25 and Rs 14.51 crore in Q1 FY25. Rising asset stress continued to weigh on performance.

Asset quality showed signs of pressure. Gross non-performing assets (GNPA) ...