The bank reported standalone net profit during the quarter stood at Rs 1,176.06 crore compared to net loss of Rs 444.79 crore in the previous year quarter.
Interest income of the bank rose by 1.61 per cent at Rs 11795.98 crore for the quarter ended September 30, 2026 as against Rs 11608.63 crore in the corresponding period last year.
During the July-September quarter, total income rose by 5.93 per cent to Rs 14,042.79 crore from Rs 13,256.59 crore in the year ago period.
Meanwhile, operating expenses increased by 0.32 per cent to Rs 11,264.75 crore from Rs 11,228.59 crore in the same period last year.
Operating profit surged 36.98 per cent to Rs 2,778.04 crore from Rs. 2,028.00 crore.
Provisions and Contingencies slipped by 53.62 per cent at Rs 1,216.24 crore from Rs 2,622.38 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 3.63 per cent at Rs 4,569.45 crore versus Rs 4,409.37 crore in the year ago period. Non-interest income rose 36.34 per cent year-on-year to Rs 2,246.81 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.73 per cent of the gross advances as at the end of September 30, 2026 from a level of 3.60 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.83 per cent of net advances on September 30, 2026 from 1.04 per cent a year ago.