The bank reported standalone net profit of Rs 546.36 crore for the quarter ended September 30, 2026 as compared to Rs 494.11 crore in the same period last year, registering a year-on-yearÿgrowthÿof 10.57 per cent.
Interest income of the bank rose by 13.22 per cent at Rs 3727.09 crore for the quarter ended September 30, 2026 as against Rs 3291.82 crore in the corresponding period last year.
During the July-September quarter, total income rose moderately by 17.27 per cent to Rs 4,041.99 crore from Rs 3,446.71 crore in the year ago period.
Meanwhile, operating expenses increased by 15.18 per cent to Rs 3,252.85 crore from Rs 2,824.09 crore in the same period last year.
Operating profit surged 26.75 per cent to Rs 789.14 crore from Rs. 622.62 crore.
Provisions and Contingencies surged by 761.85 per cent at Rs 72.34 crore from Rs -10.93 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 4.76 per cent at Rs 1,502.31 crore versus Rs 1,433.99 crore in the year ago period. Non-interest income rose 103.31 per cent year-on-year to Rs 314.90 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.23 per cent of the gross advances as at the end of September 30, 2026 from a level of 3.32 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.51 per cent of net advances on September 30, 2026 from 0.76 per cent a year ago.