Equitas Small Finance Bank announced Q3FY25 results Yield on Gross Advances improved by 6 bps to 16.55% in Q3FY25 over Q2FY25. Gross Advances growth at 14% YoY and 4% QoQ. Non Microfinance book grew 20% YoY, led by 27% growth in SBL over Q2FY25. Overall deposits registered a growth of 26% YoY & 2% QoQ. Net Income and Total Opex grew by 8% and 18% YoY, for Q3FY25 respectively. PAT stood at Rs 66 crore for Q3FY25. Vehicle Finance portfolio has crossed Rs 9000 crore during the Q3FY25. Used Car Advances closed at ~Rs 1700 Cr ticking a growth of 55% YoY. CASA ratio stable at 29%; CA balances grew 56% YoY. Strong Retail Term Deposits growth of 31% YoY to Rs 17,992 crore. Key Ratios: NIM stood at 7.39%. Cost to Income stood at 68.30% in Q3FY25 as compared to 66.09% in Q2FY25 and 62.88% in Q3FY24. RoA and RoE for Q3FY25 at 0.53% and 4.44% respectively. Capital: Networth of the Bank stands at Rs 6,007 crore. During the quarter, the Bank raised Rs 500 crore through issuance of Tier-II Bonds for a tenure of 6 yeaRs As of December 31, 2024, Total CRAR at 20.29% | Tier I at 17.50% and Tier II at 2.79%. Treasury & Liquidity: The Bank’s Certificate of Deposit (CD) programme has highest rating at A1+ from India Ratings, CareEdge Ratings & CRISIL. Liquidity Coverage Ratio (LCR) as on 31.12.2024 is 184.80%. Profit on sale of Investments for the quarter is Rs 39.35 crore. Asset Quality & Provisions: Net slippages improved by 16 bps QoQ to 3.15% in Q3FY25 as compared to 3.31% in Q2FY25. GNPA increased by 2 bps QoQ to 2.97% in Q3FY25 as compared to 2.95% in Q2FY25. NNPA improved by 1 bps QoQ to 0.96% in Q3FY25 as compared to 0.97% in Q2FY25. Result PDF