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The report thereon is unmodified. <BR> 4 The above financial results of the Bank have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standards specified under Section 133 of the Companies Act, 2013 read with relevant rules thereunder, in so far as they apply to the Banks, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India ("the RBI") from time to time and other accounting principles generally accepted in India, and are in compliance with the presentation and disclosure requirements of the Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulations") as amended including relevant circulars issued by the SEBI from time to time. <BR> 5 The Bank has applied its significant accounting policies, in the preparation of these financial results, consistent with those followed in the annual financial statements for the year ended March 31, 2025. Any circulars / directions issued by the RBI is implemented prospectively when it becomes applicable, unless specifically required under those circulars/ directions. <BR> 6 The Capital adequacy ratio has been computed as per the operating guidelines for Small Finance Banks in accordance with RBI Circular No. RBl/2016-17/81 DBR.NBD.No.26/16.13.218/2016-17 dated October 6, 2016 and other related guidelines issued thereto. Accordingly, the Bank has been following Basel II standardized approach for credit risk in accordance with the aforesaid guidelines and no separate capital charge is prescribed for market risk and operational risk. Basel II Standardized approach is followed in accordance with RBI circular No. RBI/DOR/2025-26/182 DOR.CAP.REC.101/21-01-002/2025-26 dated November 28, 2025 on Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Directions, 2025 and any amendments in this regard from time to time. <BR> 7 The Bank makes Pillar III disclosures as part of Market Discipline as per above referred RBI directions. In addition to this, the Bank provides disclosures on Leverage ratio as per Basel III- Capital Regulations which is also detailed out in the above mentioned directions. Further, the Bank makes disclosures on Liquidity Coverage Ratio and Net Stable Funding Ratio (vide ref. RBI/DOR/2025-26/194 DOR.LRG.No.113/13-10-002/2025-26 dated November 28, 2025 on Reserve Bank of India (Small Finance Banks – Asset Liability Management) Directions, 2025) and any amendments in this regard from time to time. These disclosures are available on the Bank's website at the following link: https://ir.equitas.bank.in/reports-and-presentations/. These disclosures have not been subjected to audit or limited review. <BR> <BR> 8 Details of loans transferred / acquired during the nine months ended December 31, 2025 as per 'Reserve Bank of India (Small Finance Banks - Financial Statements : Presentation and Disclosures) Directions, 2025 dated November 28, 2025 and as amended thereafter, are given below: <BR> (i) Details of Non-Performing Assets (NPAs) transferred. <BR> (Amount in ` Lakh except number of accounts and months) <BR> Particulars To Asset Reconstruction Companies (ARC's) To permitted transferees To other transferees <BR> Number of accounts 14,393 - - <BR> "Aggregate principal <BR> outstanding of loans <BR> transferred" 56,539.88 - - <BR> Weighted average residual tenor of the loans transferred (in Months) 31.57 - - <BR> "Net book value of loans <BR> transferred (at the time of <BR> transfer)" 4,107.78 - - <BR> Aggregate consideration 18,400.00 - - <BR> Additional consideration realized in respect of accounts transferred in earlier years - - - <BR> The Bank has reversed excess provision of ` 6,831.22 Lakh to the Profit and Loss account on account of sale of Non performing advances to ARC <BR> (ii) The Bank has not transferred any Special Mention Account (SMA) and loan not in default. <BR> <BR> (iii) Details of loans not in default acquired through assignment are given below: <BR> <BR> Aggregate amount of loans acquired ( ` in Lakh) 135,408.51 <BR> Weighted average residual maturity (in Months) 18.01 <BR> Weighted average holding period by originator (in Months) 8.36 <BR> Retention of beneficial economic interest by the originator ( ` in Lakh) 15,385.64 <BR> Tangible security coverage (%) 0 <BR> Rating-wise distribution of rated loans Nil <BR> <BR> (iv) The Bank has not acquired any stressed loan. <BR> (v) Details of Ratings of Security receipts (SR) as at December 31, 2025 are given below. <BR> (Amount in ` Lakh) <BR> Rating Rating Agency Recovery Rating Gross Value of Outstanding SRs <BR> IND RR5 India Ratings Upto 25% 4,033.00 <BR> RR1 India Ratings 100% - 150% 6,027.54 <BR> Yet to be rated * 7,461.00 <BR> Total 17,521.54 <BR> * Pursuant to regulatory norms, the ARC has time to obtain initial rating of SRs from an approved credit rating agency within a period of six months from the date of acquisition of assets by it. <BR> 9 The Bank does not have any project finance as at December 31, 2025 to disclose under 'Reserve Bank of India (Small Finance Banks - Financial Statements : Presentation and Disclosures) Directions, 2025' dated November 28, 2025. <BR> 10 During the nine months ended December 31, 2025, the Bank has allotted 8,57,472 equity shares of ` 10 each pursuant to the exercise of options by its employees in accordance with the ESFB ESOP Scheme. <BR> 11 On November 21, 2025, the Government of India notified four Labour Codes viz., the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, & the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the 'New Labour Codes', consolidating existing 29 labour laws. The Bank has assessed the impact of these changes to the extent applicable to it and has made an incremental provision of ` 2,952 Lakh under 'Employees cost' in the Profit and Loss Account during the quarter and nine months ended December 31, 2025. The above impact will be re-assessed and finalised based on the final rules as and when notified and industry practices. <BR> 12 During the nine months ended December 31, 2025, the Bank has raised Tier II Capital of `50,000 Lakh. <BR> 13 Other Income includes fees earned from providing services to customers, selling of third-party products, profit on sale of investments (net), profit / (loss) on revaluation of investments, Profit on sale of NPA advances to ARC, recoveries from accounts previously written off, excess interest spread on securitisation, etc., <BR> 14 Information as required pursuant to Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: <BR> a) Methodology for computation of the ratios is as follows : <BR> <BR> Debt - equity ratio Borrowings with residual maturity of more than one year / sum of Capital and Reserves & Surplus <BR> Total debts to total assets Total borrowings of the Bank / Total Assets <BR> Networth Calculated as per the Master Circular - Exposure Norms issued by the RBI <BR> b) Basis nature of Bank's Business, the ratios considered to be not applicable are Current Ratio, Long term debt to working capital, Bad Debts to Account Receivable Ratio, Debt service coverage ratio, Interest service coverage ratio, current liability ratio, Debtors’ turnover, Inventory turnover, Operating margin % and Net profit margin %. <BR> <BR> 15 The Bank does not have any Subsidiary, Associate or Joint venture as at December 31, 2025. Accordingly, the Bank is not required to publish the consolidated financial results. <BR> 16 During the nine months ended December 31, 2025, the Bank has paid ` 636 Lakh towards purchase of Priority Sector Lending Certificates (‘PSLC’). The same is amortised on a straight-line basis over the tenor of the certificate. The Bank has accounted ` 479 Lakh as PSLC Fee expenses during the period ended December 31, 2025 on a pro rata basis. <BR> 17 Previous period / year figures have been reclassified/regrouped, wherever necessary, to conform to the current period / year classification/ grouping. <BR> <BR> For Equitas Small Finance Bank Limited <BR> <BR> <BR> <BR> <BR> Place: Chennai P N Vasudevan <BR> Date : January 29, 2026 Managing Director and Chief Executive Officer <BR> 2025-04-012025-12-31UnauditedStandalone43392425000493347700012529800000495788820008100884000576797660002546834800014499802000908651500023586317000490546650008625101000101272630000-1502162000-406160000-10960020000-1096002000-1096002000114071990001000.16630-0.96-0.96-0.96-0.961116094300036715470000.02750.0092-0.002Rent, taxes and lighting577679000Depreciation on bank's property425179000Information Technology Expenses403542000Postage, telegram, telephone etc.99722000Law charges (including professional fees)168879000Bank and Other finance charges32590000Directors' fees, allowances and expenses8187000Auditors' fees and expenses3425000CSR contributions41550000Others1415448000Rent, taxes and lighting1589862000Depreciation on bank's property1208246000Information Technology Expenses1225699000Postage, telegram, telephone etc.271772000Law charges (including professional fees)487523000Bank and Other finance charges117256000Directors' fees, allowances and expenses23936000Auditors' fees and expenses10309000CSR contributions124057000Others4027855000Treasury2305729000Retail Banking16840312000Wholesale Banking372093000Other Banking operations293208000Unallocated0Treasury8061574000Retail Banking48054738000Wholesale Banking709126000Other Banking operations854328000Unallocated01981134200057679766000001981134200057679766000Treasury637585000Retail Banking422512000Wholesale Banking-33178000Other Banking operations284567000Unallocated-174230000Treasury2413850000Retail Banking-3994308000Wholesale Banking-246292000Other Banking operations819920000Unallocated-4953320001137256000-150216200000001137256000-1502162000Treasury120111363000Retail Banking410956249000Wholesale Banking22595448000Other Banking operations0Unallocated42001570005578632170000557863217000Treasury107593656000Retail Banking370112369000Wholesale Banking20328590000Other Banking operations0Unallocated3677520004984023670000498402367000Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, and guidelines prescribed by RBI and in compliance with the Accounting Standard 17 - "Segment Reporting". The methodology adopted by the Bank in compiling and reporting the above information has been relied upon by the auditors. <BR> <BR> The RBI vide its circular dated April 7, 2022 on establishment of Digital Banking Units (DBUs), has prescribed reporting of Digital Banking Segment as a sub - segment of Retail Banking Segment. The Bank has not set up any DBUs and hence no Digital Banking Segment disclosure have been made. The business operations of the Bank are in India and for the purpose of segment reporting as per Accounting Standard-17 (Segment reporting) the bank is considered to operate only in domestic segment.