The bank reported standalone net profit of Rs 318.94 crore for the quarter ended March 31, 2026 as compared to Rs 304.08 crore in the same period last year, registering a year-on-yearÿgrowthÿof 4.89 per cent.

Interest income of the bank rose by 12.11 per cent at Rs 10552.77 crore for the quarter ended March 31, 2026 as against Rs 9412.94 crore in the corresponding period last year.

During the January-March quarter, total income rose moderately by 7.73 per cent to Rs 12,182.81 crore from Rs 11,308.35 crore in the year ago period.

Meanwhile, operating expenses increased by 17.14 per cent to Rs 11,124.27 crore from Rs 9,496.74 crore in the same period last year.

Operating profit slipped 41.57 per cent to Rs 1,058.54 crore from Rs. 1,811.61 crore.

Provisions and Contingencies slipped by 40.07 per cent at Rs 869.24 crore from Rs 1,450.47 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 15.69 per cent at Rs 5,677.19 crore versus Rs 4,907.16 crore in the year ago period. Non-interest income dipped 14.00 per cent year-on-year to Rs 1,630.04 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.61 per cent of the gross advances as at the end of March 31, 2026 from a level of 1.87 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.48 per cent of net advances on March 31, 2026 from 0.53 per cent a year ago.