Jana Small Finance Bank Q1 Profit Drops 40% on Soaring Expenses

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posted a 40% year-on-year decline in Q1 net profit to ₹102 crore, down from ₹171 crore last year. The drop was driven by a 22% surge in total expenses to ₹1,218 crore, mainly due to higher interest and operating costs. Despite the pressure, total income rose to ₹1,516 crore from ₹1,356 crore YoY, highlighting resilient topline growth amid rising cost challenges.