Equitas Small Finance (NSE: EQUITASBNK) is a microfinance lender based in India, offering a range of financial services to small businesses and individuals. The company operates primarily in the southern and western regions of India and has a strong presence in urban and semi-urban areas. In terms of earnings, Revenue from Interest for Q3 FY23 was ₹1063.38 crore, a 18% increase from ₹901.15 crore in the same period last year. The Retail Banking segment, generated a total of ₹1,065.9 Crore in revenue, or 87% of the total. The Other Banking Operations segment fell by 9% from the previous year down to ₹15.21 Crore.
The Treasury segment accounts for 9% of revenue in Q3 FY23, a total of ₹111.75 Crore were contributed by this segment. . The Wholesale Banking segment, which reported revenue of ₹23.14 Crore, accounted for the remaining percent of the overall Revenue. The Consolidated Net Profit was ₹170.12 crore, down 57% from ₹108.1 crore in the same quarter last year. This quarter’s earnings per share was ₹1.34.
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