The bank reported standalone net profit of Rs 139.82 crore for the quarter ended March 31, 2026 as compared to Rs 123.48 crore in the same period last year, registering a year-on-yearÿgrowthÿof 13.23 per cent.
Interest income of the bank rose by 20.45 per cent at Rs 1444.59 crore for the quarter ended March 31, 2026 as against Rs 1199.28 crore in the corresponding period last year.
During the January-March quarter, total income rose moderately by 19.33 per cent to Rs 1,710.19 crore from Rs 1,433.16 crore in the year ago period.
Meanwhile, operating expenses increased by 20.62 per cent to Rs 1,375.47 crore from Rs 1,140.31 crore in the same period last year.
Operating profit surged 14.30 per cent to Rs 334.72 crore from Rs. 292.85 crore.
Provisions and Contingencies surged by 12.65 per cent at Rs 194.90 crore from Rs 173.01 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 23.23 per cent at Rs 735.58 crore versus Rs 596.90 crore in the year ago period. Non-interest income rose 13.56 per cent year-on-year to Rs 265.60 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.46 per cent of the gross advances as at the end of March 31, 2026 from a level of 2.71 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.92 per cent of net advances on March 31, 2026 from 0.94 per cent a year ago.