Financial Insights That Matter
** India’s Equitas Small Finance Bank 
EQUITASBNK falls 6% to 62.70 rupees; on course for worst daily pct drop since October 2023
** EQUI down for second consecutive session as Q4 profit drops 80% y/y on surge in credit costs
** Emkay Global Financial Services calls results “dismal”, cuts FY2026 and FY2027 earnings estimates by ~10%
** “Weakness in microfinance has dragged earnings in FY2025, but FY2026 is likely to be a better year,” says Kotak Institutional Equities
** Analysts avg rating on stock “buy”; media PT 77 rupees, as per LSEG data
** YTD, EQUI down 2.1%
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