Utkarsh Small Finance Bank Q2 Results FY27: Net Loss Narrows 79.95% to Rs 69.85 Cr, Revenue Rs 1,002.28 Cr, PAT Rs -69.85 Cr

Utkarsh Small Finance Bank Ltd (UTKARSHBNK) Q2 Results FY27 announced on 3 November 2026, covering the company's financial performance for the July to September quarter. The bank reported revenue of Rs 1,002.28 Cr and a net loss of Rs 69.85 Cr. The results date puts these figures in front of investors on NSE and BSE, and Utkarsh Small Finance Bank Q2 Results FY27 frame the discussion that follows.

This Utkarsh Small Finance Bank Q2 Results results analysis covers the financial highlights, the business drivers disclosed for the quarter, the outlook for FY27 and the risks to watch. Univest has structured the piece so that each section builds on the previous one, starting with the Financial Highlights table below.

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Utkarsh Small Finance Bank Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 1002.28 Cr	Rs 937.32 Cr	+6.93% YoY
Net Profit (PAT)	Rs -69.85 Cr	Rs -348.46 Cr	+79.95% YoY

Source: company filing for Utkarsh Small Finance Bank Q2 Results FY27, 3 November 2026. Figures in Rs Crore.

Key Takeaways from Utkarsh Small Finance Bank Q2 Results: What Stands Out

• Revenue of Rs 1,002.28 Cr was up 6.93% YoY from Rs 937.32 Cr in the same quarter last year, an addition of Rs 64.96 Cr.
• Net profit came in at a loss of Rs 69.85 Cr, compared with a loss of Rs 348.46 Cr a year earlier, so the loss narrowed by Rs 278.61 Cr.
• Net profit YoY growth of 79.95% reflects how much smaller the loss is in Utkarsh Small Finance Bank Q2 Results FY27 than in the comparison quarter.
• Net profit margin moved to -7.0% from -37.2% in the comparison quarter, which is the clearest single measure of the narrower loss.
• The performance analysis in the next section takes these figures apart and shows how revenue and net profit moved together.

Utkarsh Small Finance Bank Q2 Results FY27: Performance Analysis

The numbers show a bank growing revenue while cutting its loss sharply. Utkarsh Small Finance Bank reported revenue of Rs 1,002.28 Cr for the quarter, up 6.93% YoY, and a net loss of Rs 69.85 Cr, down from Rs 348.46 Cr in the same quarter last year.

Revenue rose from Rs 937.32 Cr to Rs 1,002.28 Cr, so the top line added Rs 64.96 Cr over twelve months. In Utkarsh Small Finance Bank Q2 Results FY27, that revenue growth sits alongside a much smaller loss, which means the gap between income and cost has closed considerably compared with last year.

Net profit moved from a loss of Rs 348.46 Cr to a loss of Rs 69.85 Cr, a change of Rs 278.61 Cr. The Utkarsh Small Finance Bank Q2 Results figures therefore show a loss that is still present but far smaller, and the YoY growth of 79.95% in net profit is measured on a negative base. Quarterly results like these are best read alongside the disclosed business factors, which is where this results analysis turns next.

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Key Business Factors This Quarter

Revenue Growth – The results analysis points to revenue as the first factor. Revenue grew 6.9% year on year to Rs 1,002.28 Cr in the latest quarter, giving Utkarsh Small Finance Bank Q2 Results FY27 a larger income base than a year ago and supporting the narrower loss.

Net Profit Margin – Net profit margin improved to -7.0% from -37.2% in the comparison quarter. In these quarterly results the margin remains negative, but the distance from break-even has shrunk sharply, which is consistent with the smaller net loss of Rs 69.85 Cr.

FY27 Outlook After Utkarsh Small Finance Bank Q2 Results

The FY27 outlook depends on how the next quarters play out. The Utkarsh Small Finance Bank Q2 Results figures give one data point: revenue of Rs 1,002.28 Cr and a net loss of Rs 69.85 Cr. Full-year FY27 results will be shaped by the quarters still to be declared and by disclosed sector conditions.

In Utkarsh Small Finance Bank Q2 Results FY27, the results analysis shows a direction of travel in net profit, from a loss of Rs 348.46 Cr to a loss of Rs 69.85 Cr. Investors can track the next filings to see whether net profit keeps moving in this way. That brings the discussion to the risks.

Key Risks to Watch After Utkarsh Small Finance Bank Q2 Results FY27

Net Loss Remains

The company reported a net loss of Rs 69.85 Cr in the latest quarter. Even after the YoY growth of 79.95% in net profit, the figure is still negative, and it is the first risk to monitor in Utkarsh Small Finance Bank Q2 Results FY27.

Low Return on Equity

Return on equity was low at -40.73% in FY26. This is a full-year measure from the previous financial year, and it shows how much ground the bank has to cover in terms of returns for shareholders.

Volatile Quarterly Net Profit

Quarterly net profit has been volatile, ranging from Rs -375.02 Cr to Rs -33.92 Cr over the last 5 quarters. Investors reading the quarterly results should weigh the latest figure against that range, since the YoY growth rate alone does not show the path.

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Conclusion

Utkarsh Small Finance Bank Q2 Results FY27 show revenue of Rs 1,002.28 Cr, up 6.93% YoY, and a net loss of Rs 69.85 Cr, much narrower than a year ago. Readers of these quarterly results can follow Utkarsh Small Finance Bank Q2 Results on the Univest app and Univest Screener. Investors should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Utkarsh Small Finance Bank Q2 Results FY27

What are Utkarsh Small Finance Bank Q2 Results FY27?

Ans. Utkarsh Small Finance Bank Q2 Results FY27 are the quarterly results for July to September 2026, showing revenue of Rs 1,002.28 Cr and a net loss of Rs 69.85 Cr, as covered in the introduction.

What is the results date for Utkarsh Small Finance Bank Q2 Results FY27?

Ans. The results date for Utkarsh Small Finance Bank Q2 Results FY27 is 3 November 2026, so the July to September figures reached NSE and BSE on that day, as the opening section of this article notes.

What revenue was reported in Utkarsh Small Finance Bank Q2 Results FY27?

Ans. Utkarsh Small Finance Bank reported revenue of Rs 1,002.28 Cr in Utkarsh Small Finance Bank Q2 Results FY27, compared with Rs 937.32 Cr a year earlier, as the Financial Highlights table and Performance Analysis section show.

What net profit was reported in Utkarsh Small Finance Bank Q2 Results FY27?

Ans. Net profit in Utkarsh Small Finance Bank Q2 Results FY27 was a loss of Rs 69.85 Cr, compared with a loss of Rs 348.46 Cr in the same quarter last year, which the Key Takeaways section explains in more detail.

How much YoY growth did revenue show in Utkarsh Small Finance Bank Q2 Results FY27?

Ans. Revenue showed YoY growth of 6.93% in Utkarsh Small Finance Bank Q2 Results FY27, rising from Rs 937.32 Cr to Rs 1,002.28 Cr, so the top line added Rs 64.96 Cr, as the Performance Analysis section explains.

Did net profit rise or fall in Utkarsh Small Finance Bank Q2 Results?

Ans. Net profit rose in Utkarsh Small Finance Bank Q2 Results in the sense that the loss narrowed by 79.95% YoY, from Rs 348.46 Cr to Rs 69.85 Cr, though the figure is still negative, as the Performance Analysis section shows.

What was the net profit margin in Utkarsh Small Finance Bank Q2 Results FY27?

Ans. The net profit margin in Utkarsh Small Finance Bank Q2 Results FY27 was -7.0%, compared with -37.2% in the comparison quarter, which means the loss is a far smaller share of revenue, as the Key Business Factors section describes.

Why does Utkarsh Small Finance Bank Q2 Results FY27 report a loss on net profit?

Ans. Utkarsh Small Finance Bank reported a net loss of Rs 69.85 Cr in Utkarsh Small Finance Bank Q2 Results FY27, while revenue grew 6.93% YoY, so the loss is smaller but still present, as the Key Risks section notes.

What business factors shaped Utkarsh Small Finance Bank Q2 Results FY27?

Ans. Revenue growth of 6.9% to Rs 1,002.28 Cr and a net profit margin moving to -7.0% shaped Utkarsh Small Finance Bank Q2 Results FY27, alongside a smaller loss, as detailed in the Key Business Factors section of this article.

What are the key risks after Utkarsh Small Finance Bank Q2 Results FY27?

Ans. The key risks after Utkarsh Small Finance Bank Q2 Results FY27 are the continuing net loss of Rs 69.85 Cr, a return on equity of -40.73% in FY26 and volatile quarterly net profit, as the Key Risks section explains.

What is the outlook after Utkarsh Small Finance Bank Q2 Results?

Ans. The outlook after Utkarsh Small Finance Bank Q2 Results depends on the quarters still to be declared in FY27, while the latest net profit and revenue give the current reference point, as the Outlook section describes.

Where can I find the complete Utkarsh Small Finance Bank Q2 Results FY27 data?

Ans. The complete Utkarsh Small Finance Bank Q2 Results FY27 data, including the revenue and net profit comparison, sits in the Financial Highlights table above, and Univest Screener carries the same figures, as the opening paragraphs point out.