Unaudited Financial Results for the quarter and half year ended September 30, 2026

November 03, 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 543942, 975790, 959644, Symbol: UTKARSHBNK 976203, 978213 Dear Sir/Madam, Sub: Outcome of the Board Meeting held today i.e. Tuesday, November 03, 2026 Pursuant to Regulations 30, 33, 51, 52 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we hereby inform that based on the recommendation of Audit Committee, the Board of Directors of Bank at its meeting held today has inter-alia, considered and approved the Unaudited Financial Results for the quarter and half year ended September 30, 2026 (“Financial Results”). A copy of the said Financial Results, along with the Limited Review Report issued by the Statutory Joint Auditor of the Bank, is enclosed herewith. As on September 30, 2026, the Bank has no outstanding secured listed non-convertible debt securities and accordingly, the disclosure of extent and nature of security as required under regulation 54 of the SEBI Listing Regulations is not applicable. The Board meeting commenced at 02:00 p.m. (IST) and concluded at 07:30 p.m. (IST). This disclosure is also available on the website of the Bank i.e. www.utkarsh.bank.in. This is for your information and records. Thanking you, Yours faithfully, For Utkarsh Small Finance Bank Limited Muthiah Ganapathy Company Secretary & Compliance Officer Encl:. As above M M NISSIM & CO LLP KKC & Associates LLP Chartered Accountants Chartered Accountants (formerly Khimji Kunverji & Co LLP) C-2 First Floor, Level 19, Sunshine Tower, Sector 2, Senapati Bapat Marg, Noida -201301 Elphinstone Road, Mumbai~ 400013 Independent Auditors' Review Report on unaudited financial results for the quarter and half year ended 30 September 2026 of Utkarsh Small Finance Bank Limited pursuant to 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, as amended. The Board of Directors of Utkarsh Small Finance Bank Limited 1. We have reviewed the accompanying statement of unaudited financial results of Utkarsh Small Finance Bank Limited ('the Bank') for the quarter and half year ended 30 September 2026 ('the Statemene), being submitted by the Bank pursuant to the requirements of 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, as amended ('the Listing Regulations'). We have initialled the Statement for identification purpose only. 2. This Statement, which is the responsibility of the Bank's Management and approved by the Board of Directors of the Bank, has been prepared in accordance with the recognition and measurement principles laid down in the Accounting Standard 25 'Interim Financial Reporting'('AS 25'), prescribed under section 133 of the Companies Act, 2013, read with relevant rules issued thereunder, in so far as they apply to Banks, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank oflndia (the 'RBI') from time to time (the 'RBI Guidelines') and other accounting principles generally accepted in India, and in compliance with Regulation 33 and Regulation 52 read with Regulation 63(2) of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagements ('SRE') 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of the Bank's personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Page 1 of 2 M M NISSIM & CO LLP KKC & Associates LLP Chartered Accountants Chartered Accountants (formerly Khimji Kunverji & Co LLP) 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in AS 25 prescribed under Section 133 of the Companies Act, 2013, read with relevant rules thereunder, the RBI Guidelines and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52 read with Regulation 63(2) of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the RBI in respect of income recognition, asset classification, provisioning and other related matters. For M M NISSIM & CO LLP For KKC & Associates LLP Chartered Accountants Chartered Accountants (formerly Khimji Kunverji & Co LLP) Firm Registration Number: 107122W/W100672 Firm Registration Number: 105146W/W100621 '\ t·, ✓ - - \;.. ' Navin Kumar Jain , Partner Partner ICAI Membership No.: 090847 ICAI Membership No.: 117348 UDIN: 26090847WDMPJM4394 UDIN: 26117348TTMVNU9179 Place: Mumbai Place: Mumbai Date: 03 November 2026 Date: 03 November 2026 Page 2 of2 Utkarsh Small Finance Bank Limited CIN, L65992UP2016PLC0S2804 Registered office address: Utkarsh Tower, NH-31 (Airport Road), Sehmalpur, Kazi Sarni, Harhua, Varanasi, Uttar Pradesh, PIN -221105 Statement of unaudited Financial Results fo1· the quarter and half year ended September 30, 2026 (f iulakh) For the qua11er ended For the quarter ended For the quarter ended For the half year ended Fo1· the halfyeai-ended For the year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I Interest Earned (a+b+c+d) 90,925.62 88,356.30 83,997.05 1,79,281.92 1,72,087.68 3,37,878.04 (a) Interest/ discowu on advances/ bill 78,564.43 75,298.23 71,405.16 1,53,862.66 1,47,041.06 2,84,575.16 (b) income on investments 10,985.99 11,551.66 8,697.97 22,537.65 16,798.74 40,167.90 (c) interest on balances with Reserve Bank of India and other interbank funds 1.375.03 1.506.21 3.893.67 2.881.24 8247.35 13.133.95 (d) Others 0.17 0.20 0.25 0.37 0.53 1.03 2 Other Income 9,302.44 11,880.92 9.734 71 21.183.36 23.509.22 43.096.65 3 Total Income (L+2) 1,00,228.06 1,00,237.22 93,731.76 2,00,465.28 1,95,596.90 3,80,974.69 4 Interest Expended 47,394.99 46,148.77 48,949.54 93,543.76 96,858.87 1,90.203.!B 5 Opero.ting Expenses (i)+(ii) 44,308.68 47,731.71 45,114.62 92,040.39 89.906.21 1,85,135.88 (i) Employees cost (Refer Note I 7) 20,186.99 24,062.71 23,623.77 44,249.70 46,444.02 94,796.24 (ii) Olher operating expenses 24.121.69 23,669.00 21.490.85 47,790.69 43,462.19 90.339.64 6 Total Expenditure (4+5) excluding provisions and contingencies 91,703.67 93,880.48 94,064.16 1,85,584.15 1,86,765.08 3, 75,339.71 7 Operating Profit before Provisions and Contingencies (3-6) 8,524.39 6,356.74 (332.40) 14,881.13 8,831.82 5,634.98 8 Provisions (other than ta-..:) and Contingencies 16.588.85 10.898.21 46.164.79 27.487.06 87.215.96 1.56.296.34 9 Exceptional i1cm IO Profit for· the period/ year before tax (7-8-9) (8,064.46) (4,541.47) (46,497.19) (12,605.93) (78,384.14) ( 1,50,661.36) 11 Tax expense (1,079.24) (1,149.50) (11,650.72) (2,228.74) (19,589.62) (3;,563.52) 12 Net Profit for the period/ year after tax (10-11) (6,985.22) (3,391.97) (34,846.47) (10,377.19) (58,794.52) (1,15,097.84) 13 Paid-up equity share capit [Showing first 8,000 characters — download PDF for full document]