Fino Payments Bank Q1 results showed a net loss of ₹1,372 lakh for the quarter ended June 30, 2026, the bank said in a BSE filing on August 13, 2026. Its board approved the unaudited financial results and the statutory auditors’ limited review report at a meeting held the same day.

Total income declined to ₹30,687 lakh from ₹45,347 lakh in the corresponding quarter of the previous year. The bank had reported a net profit of ₹1,776 lakh in the quarter ended June 30, 2025. Compared with the March 2026 quarter, when it earned a profit of ₹710 lakh, the June quarter also marked a return to loss.

Income and expenditure in the June quarter

Interest earned increased to ₹7,223 lakh from ₹6,099 lakh a year earlier, supported mainly by income on investments of ₹5,443 lakh and interest of ₹1,780 lakh on balances with the Reserve Bank of India and other inter-bank funds.

Other income, which includes fees and commissions from services such as CASA, micro-ATMs, Aadhaar Enabled Payment System transactions, domestic remittances, debit cards, third-party products, correspondent banking, digital payments and cash management, fell to ₹23,464 lakh from ₹39,248 lakh.

Particulars Q1 FY27 Q1 FY26
Total income ₹30,687 lakh ₹45,347 lakh
Operating profit/(loss) (₹1,372 lakh) ₹2,463 lakh
Net profit/(loss) (₹1,372 lakh) ₹1,776 lakh
Basic EPS (₹1.65) ₹2.13

Total expenditure excluding provisions and contingencies was ₹32,059 lakh, compared with ₹42,884 lakh a year earlier. Employee costs stood at ₹5,784 lakh, while other operating expenses were ₹22,742 lakh.

Capital position and operating segments

The bank reported a capital adequacy ratio of 82.58%, compared with 73.35% in the year-ago quarter. Net worth stood at ₹58,006 lakh, return on average assets was negative 0.25%, and the debt-equity ratio was 2.56.

Retail banking generated revenue of ₹12,994 lakh and a segment profit before tax of ₹7,166 lakh. Treasury revenue was ₹7,287 lakh, with a segment result of ₹4,740 lakh. Other banking operations recorded revenue of ₹10,404 lakh and a segment loss of ₹2,482 lakh.

The filing also said the bank had received in-principle approval from the RBI on December 5, 2025, for transition into a small finance bank and appointed an external consultant to support the process within the stipulated timeline. Statutory auditor Bilimoria Mehta & Co. issued an unmodified review conclusion on the June-quarter financial results, while noting that the Pillar 3 disclosures on the bank’s website were not reviewed.

Source: BSE corporate announcement.