The bank reported standalone net profit of Rs 857.69 crore for the quarter ended September 30, 2026 as compared to Rs 560.87 crore in the same period last year, registering a year-on-yearÿgrowthÿof 52.92 per cent.
Interest income of the bank rose by 24.40 per cent at Rs 5611.81 crore for the quarter ended September 30, 2026 as against Rs 4511.28 crore in the corresponding period last year.
During the July-September quarter, total income rose substantially by 22.17 per cent to Rs 6,381.99 crore from Rs 5,223.86 crore in the year ago period.
Meanwhile, operating expenses increased by 21.28 per cent to Rs 4,868.29 crore from Rs 4,014.15 crore in the same period last year.
Operating profit surged 25.13 per cent to Rs 1,513.70 crore from Rs. 1,209.72 crore.
Provisions and Contingencies slipped by 25.25 per cent at Rs 359.40 crore from Rs 480.83 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 31.51 per cent at Rs 2,820.08 crore versus Rs 2,144.42 crore in the year ago period. Non-interest income rose 8.08 per cent year-on-year to Rs 770.18 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.99 per cent of the gross advances as at the end of September 30, 2026 from a level of 2.41 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.81 per cent of net advances on September 30, 2026 from 0.88 per cent a year ago.