The bank reported standalone net profit of Rs 534.14 crore for the quarter ended March 31, 2026 as compared to Rs 317.90 crore in the same period last year, registering a year-on-yearÿgrowthÿof 68.02 per cent.

Interest income of the bank declined by 0.10 per cent at Rs 5428.43 crore for the quarter ended March 31, 2026 as against Rs 5433.86 crore in the corresponding period last year.

During the January-March quarter, total income rose marginally by 1.07 per cent to Rs 6,199.12 crore from Rs 6,133.48 crore in the year ago period.

Meanwhile, operating expenses increased by 4.29 per cent to Rs 4,757.97 crore from Rs 4,562.14 crore in the same period last year.

Operating profit slipped 8.28 per cent to Rs 1,441.16 crore from Rs. 1,571.34 crore.

Provisions and Contingencies slipped by 46.28 per cent at Rs 677.01 crore from Rs 1,260.16 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 1.44 per cent at Rs 2,795.59 crore versus Rs 2,755.90 crore in the year ago period. Non-interest income rose 10.16 per cent year-on-year to Rs 770.69 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 3.27 per cent of the gross advances as at the end of March 31, 2026 from a level of 4.71 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.97 per cent of net advances on March 31, 2026 from 1.28 per cent a year ago.