The bank reported standalone net profit of Rs 40.08 crore for the quarter ended March 31, 2026 as compared to Rs 34.24 crore in the same period last year, registering a year-on-yearÿgrowthÿof 17.06 per cent.

Interest income of the bank rose by 18.01 per cent at Rs 273.14 crore for the quarter ended March 31, 2026 as against Rs 231.46 crore in the corresponding period last year.

During the January-March quarter, total income rose moderately by 16.30 per cent to Rs 298.92 crore from Rs 257.03 crore in the year ago period.

Meanwhile, operating expenses increased by 13.75 per cent to Rs 239.10 crore from Rs 210.19 crore in the same period last year.

Operating profit surged 27.71 per cent to Rs 59.82 crore from Rs. 46.84 crore.

Provisions and Contingencies surged by 212.97 per cent at Rs 5.79 crore from Rs 1.85 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 17.10 per cent at Rs 120.68 crore versus Rs 103.06 crore in the year ago period. Non-interest income rose 0.82 per cent year-on-year to Rs 25.78 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.54 per cent of the gross advances as at the end of March 31, 2026 from a level of 2.58 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 1.24 per cent of net advances on March 31, 2026 from 1.30 per cent a year ago.