In Q4 FY26, net profit rose 14% year-on-year to ₹609 crore from ₹534 crore. Total income increased 7% to ₹5,187 crore, compared with ₹4,832 crore in the same quarter last year. Revenue from operations stood at ₹4,935 crore versus ₹4,674 crore a year earlier.
For the full year FY26, net profit increased 13% to ₹2,167 crore from ₹1,916 crore in FY25. Total income grew 11% to ₹20,708 crore, while revenue from operations rose 10% to nearly ₹19,900 crore. Total expenses for the year increased 11% to ₹17,794 crore.
In the December–March quarter, fees and other income rose 13% to ₹2,553 crore. Finance costs declined 10% to ₹714 crore, while total operating costs increased 24% to ₹2,561 crore. Impairment losses and bad debt expenses fell 12% to ₹1,097 crore.
Earnings before credit costs declined 3% to ₹1,913 crore in Q4, while profit before tax stood at ₹816 crore.
On the business front, new account additions declined 17% year-on-year to 917,000 in Q4 FY26. Card-in-force increased 6% to 2.21 crore as of March 2026. Total spends rose 31% to ₹1.15 lakh crore, and receivables grew 2% to ₹56,926 crore.
Asset quality improved during the year, with gross non-performing assets falling to 2.41% from 3.08% a year earlier. Net NPAs declined to 1.04% from 1.46%.
Capital adequacy remained strong, with the capital adequacy ratio at 25.5% and Tier I capital at 20% as of March 2026.
