ESAF Small Finance Bank Limited — Board Meeting, 10-02-2025: Outcome of Board Meeting

The Board of Directors of ESAF Small Finance Bank has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Total income for the quarter stands at ₹1061.78 crore while the loss before tax is reported at ₹282.39 crore. The Net Profit for the quarter is at a loss of ₹210.90 crore. The Joint Statutory Auditors issued an unmodified opinion on the results. Additionally, an exceptional item of ₹58.00 crore has been recognized pertaining to a strategic modification of business relations and employee absorption from a key business correspondent.