# Fino Payments Bank Posts Rs 14 Crore Loss in Q1

2026-08-13T17:03:07+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Fino Payments Bank posted a net loss of Rs 13.7 crore in Q1 FY27, swinging from a profit of Rs 17.8 crore in the same quarter last year. Total income fell 32.3% year-on-year to Rs 306.9 crore, driven by a 40.2% drop in fee and commission income from CASA, micro-ATM, AePS, and other services. Sequentially, the bank had reported a profit of Rs 7.1 crore in the March quarter. Despite the loss, interest income rose 18.4% to Rs 72.2 crore, and total expenditure (excluding provisions) declined 25.2% to Rs 320.6 crore. The payments bank's reliance on fee-based revenue remains a key factor in its earnings volatility.

## Coverage

- inc42.com <https://inc42.com/buzz/fino-payments-bank-slips-into-red-reports-%E2%82%B914-cr-loss-in-q1/>

Tags: banking results, Fino Payments Bank, fintech, net loss, payments bank, Q1 earnings
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