Usha Financial Services Reports Q1 FY27 Results: Profit Jumps 50% YoY as Loan Book Reaches ₹40,913 Lakhs
Usha Financial Services Limited (UFSL), an RBI-registered Base Layer Non-Banking Financial Company (NBFC), announced its standalone unaudited financial results for the first quarter of FY27, which ended on June 30, 2026. The company reported robust growth across key metrics, with Profit After Tax (PAT) increasing by 50.3% year-on-year.As of June 30, 2026, UFSL recorded a Total Income of ₹2,031.51 lakhs in Q1 FY27. This figure reflects significant growth compared to the corresponding quarter in the previous fiscal year. The loan book expanded to ₹40,913.45 lakhs, marking a 10.4% increase year-on-year and a 4.9% sequential rise, indicating continued momentum in its lending operations.
The company’s financial health metrics showed positive movement:
| Metric | Q1 FY27 (Jun'26) | Change YoY |
|---|---|---|
| Profit After Tax (PAT) | ₹803.42 lakhs | +50.3% |
| Loan Book | ₹40,913.45 lakhs | +10.4% |
| Net Worth | ₹23,771.80 lakhs | +11.7% |
Financial Performance Overview
The results demonstrate strong operational performance across the board's three-year data set. The following table summarizes UFSL's financial standing:| Particulars (₹ Lakhs) | Q1 FY27 (Jun'26) | Q4 FY26 (Mar'26) | Q1 FY26 (Jun'25) | FY26 (Full Year) |
|---|---|---|---|---|
| Total Income | 2,031.51 | 1,769.85 | 1,741.64 | 7,130.74 |
| Profit Before Tax (PBT) | 1,077.97 | 883.06 | 713.90 | 3,054.26 |
| Profit After Tax (PAT) | 803.42 | 655.16 | 534.52 | 2,246.02 |
Balance Sheet and Growth Metrics
The balance sheet size stood at ₹44,477.24 lakhs as of June 30, 2026, representing an 8.2% increase year-on-year. Net Worth also grew by 11.7% year-on-year to ₹23,771.80 lakhs.A notable operational achievement was the registered 1,485% increase in the number of loans disbursed, driven primarily by the expansion of its branch network and increased contribution from its co-lending business.
The company's balance sheet details are presented below:
| Particulars (₹ Lakhs) | As at 30.06.2026 | As at 31.03.2026 | As at 30.06.2025 |
|---|---|---|---|
| Total Assets / Balance Sheet Size | 44,477.24 | 42,963.54 | 41,122.62 |
| Loan Book (Loans) | 40,913.45 | 39,005.39 | 37,049.83 |
| Number of Loans Disbursed | 23,566.00 | 16,395.00 | 1,486.00 |
| Net Worth (Equity) | 23,771.80 | 22,967.58 | 21,276.30 |
Management Commentary and Future Plans
Commenting on the results, Mrs. Geeta Goswami, CEO and Director of Usha Financial Services Limited, highlighted a strong start to FY 2026-27, citing robust growth in both Revenue and PAT.Mrs. Goswami stated that the Company is strategically strengthening its retail lending portfolio while focusing intensely on asset quality. The branch network has expanded to 20 branches as of June 2026. UFSL plans to scale this network further to 40 branches by the end of FY 2026-27, concentrating initial expansion efforts in Uttar Pradesh before exploring other geographies subsequently.
The CEO also confirmed that disciplined recovery and prudent portfolio management have led to sharp improvements in asset quality, with both GNPA and NNPA showing declines, maintaining a commitment to strengthening the overall portfolio quality alongside growth initiatives.
USHAFIN Stock Price Movement
Shares of Usha Financial Services Limited shed 4.54% on Wednesday, settling at ₹41. The equity saw a trading volume of 19,200 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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