The bank reported standalone net profit of Rs 218.04 crore for the quarter ended September 30, 2026 as compared to Rs 24.14 crore in the same period last year, registering a year-on-yearÿgrowthÿof 803.23 per cent.
Interest income of the bank rose by 27.74 per cent at Rs 2066.00 crore for the quarter ended September 30, 2026 as against Rs 1617.35 crore in the corresponding period last year.
During the July-September quarter, total income rose substantially by 27.69 per cent to Rs 2,357.52 crore from Rs 1,846.30 crore in the year ago period.
Meanwhile, operating expenses increased by 21.76 per cent to Rs 1,955.14 crore from Rs 1,605.73 crore in the same period last year.
Operating profit surged 67.26 per cent to Rs 402.37 crore from Rs. 240.56 crore.
Provisions and Contingencies slipped by 44.45 per cent at Rs 114.99 crore from Rs 207.02 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 32.58 per cent at Rs 1,025.71 crore versus Rs 773.68 crore in the year ago period. Non-interest income rose 27.33 per cent year-on-year to Rs 291.52 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.29 per cent of the gross advances as at the end of September 30, 2026 from a level of 2.92 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.70 per cent of net advances on September 30, 2026 from 0.98 per cent a year ago.