The bank reported standalone net profit of Rs 229.71 crore for the quarter ended March 31, 2026 as compared to Rs 68.70 crore in the same period last year, registering a year-on-yearÿgrowthÿof 234.37 per cent.

Interest income of the bank rose by 7.04 per cent at Rs 3720.25 crore for the quarter ended March 31, 2026 as against Rs 3475.57 crore in the corresponding period last year.

During the January-March quarter, total income rose moderately by 7.01 per cent to Rs 4,789.21 crore from Rs 4,475.60 crore in the year ago period.

Meanwhile, operating expenses increased by 6.07 per cent to Rs 3,833.83 crore from Rs 3,614.41 crore in the same period last year.

Operating profit surged 10.94 per cent to Rs 955.38 crore from Rs. 861.19 crore.

Provisions and Contingencies slipped by 13.61 per cent at Rs 678.32 crore from Rs 785.14 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 6.91 per cent at Rs 1,670.96 crore versus Rs 1,563.02 crore in the year ago period. Non-interest income rose 6.89 per cent year-on-year to Rs 1,068.96 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.45 per cent of the gross advances as at the end of March 31, 2026 from a level of 2.60 per cent year earlier. Its net NPAs or bad loans tooÿincreasedÿto 0.39 per cent of net advances on March 31, 2026 from 0.29 per cent a year ago.