For the quarter ended June 2026 (Q1FY27), the bank reported a 10% year-on-year rise in net profit to ₹3,273 crore, compared with ₹2,973 crore in the corresponding quarter last year.
Net interest income (NII) grew 17% year-on-year to ₹7,435 crore, up from ₹6,360 crore a year earlier.
The bank’s asset quality continued to improve during the quarter. Gross non-performing assets (GNPA) declined to 1.86% from 1.98% in the March quarter, while net NPA remained unchanged at 0.15%.
Profitability also improved, with the domestic net interest margin (NIM) rising to 3.41%, compared with 3.35% in both the previous quarter and the year-ago period.
Meanwhile, provisions stood at ₹1,196 crore, marginally lower than ₹1,226 crore reported in the March quarter.
The bank also reported an improvement in asset quality indicators, with the slippage ratio easing to 0.77% from 0.94% a year earlier. Its credit-deposit (CD) ratio increased to 81.06%, compared with 80.77% in the corresponding period last year.
