Jana Small Finance Bank Soars on Strong Q4 Earnings

[{ "selector": ".ticmc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-376px) scale(0.15)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0) scale(1)", "opacity": "1"} ] }, { "selector": ".celfm-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - -14px)) scale(0.15)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0px) scale(1)", "opacity": "1"} ] }, { "selector": ".kxqrg-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".bamqw-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".rjxdg-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".bwskf-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-80px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

- Record High: Jana Small Finance Bank's shares surged 15.37% to ₹577.20, driven by robust Q4 performance.

- Profit Surge: Net profit in Q4FY24 jumped 297% to ₹321.67 crore.

[{ "selector": ".wbfxn-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ignco-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".lprll-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".nrejf-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

- FY24 Highlights: Profit after tax for FY24 grew 162% to ₹670 crore.

- Net Interest Income (NII): Increased by 28.1% YoY to ₹2,127 crore in FY24.

[{ "selector": ".kgtsq-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".jcajk-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".xmakn-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".cercu-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }] Click Here

- Loan Growth: Loan Assets Under Management (AUM) reached ₹24,746 crore, up by 24.9% YoY.

- Asset Quality: Gross non-performing assets (GNPA) improved to 2.0%, while net NPAs (NNPA) stood at 0.5%.

[{ "selector": ".walkm-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fxqwo-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".lrgcj-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".mdweu-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

- CEO's Perspective: Ajay Kanwal, MD and CEO, highlighted the bank's focus on serving aspirational India with a customer-led approach.

- Risk Diversification: 60% of the loan book classified as secured, primarily in Home Loan and Loan Against Property products.

[{ "selector": ".miaiq-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".qjfbs-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".gszpa-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".qupqj-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

[{ "selector": ".ensjj-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 521px))", "opacity": "40%"}, {"offset": 1, "transform": "translateY(0)", "opacity": "40%"} ] }, { "selector": ".bmjar-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(-67px)", "opacity": "41%"}, {"offset": 1, "transform": "translateY(0)", "opacity": "41%"} ] }] Open Demat

Jana Small Finance Bank Soars on Strong Q4 Earnings

- Record High: Jana Small Finance Bank's shares surged 15.37% to ₹577.20, driven by robust Q4 performance.- Profit Surge: Net profit in Q4FY24 jumped 297% to ₹321.67 crore.

- FY24 Highlights: Profit after tax for FY24 grew 162% to ₹670 crore.- Net Interest Income (NII): Increased by 28.1% YoY to ₹2,127 crore in FY24.

- Loan Growth: Loan Assets Under Management (AUM) reached ₹24,746 crore, up by 24.9% YoY.- Asset Quality: Gross non-performing assets (GNPA) improved to 2.0%, while net NPAs (NNPA) stood at 0.5%.

- CEO's Perspective: Ajay Kanwal, MD and CEO, highlighted the bank's focus on serving aspirational India with a customer-led approach.- Risk Diversification: 60% of the loan book classified as secured, primarily in Home Loan and Loan Against Property products.

- Record High: Jana Small Finance Bank's shares surged 15.37% to ₹577.20, driven by robust Q4 performance.

- Profit Surge: Net profit in Q4FY24 jumped 297% to ₹321.67 crore.

- FY24 Highlights: Profit after tax for FY24 grew 162% to ₹670 crore.

- Net Interest Income (NII): Increased by 28.1% YoY to ₹2,127 crore in FY24.

- Loan Growth: Loan Assets Under Management (AUM) reached ₹24,746 crore, up by 24.9% YoY.

- Asset Quality: Gross non-performing assets (GNPA) improved to 2.0%, while net NPAs (NNPA) stood at 0.5%.

- CEO's Perspective: Ajay Kanwal, MD and CEO, highlighted the bank's focus on serving aspirational India with a customer-led approach.

- Risk Diversification: 60% of the loan book classified as secured, primarily in Home Loan and Loan Against Property products.