The bank reported standalone net profit of Rs 212.68 crore for the quarter ended March 31, 2026 as compared to Rs 42.11 crore in the same period last year, registering a year-on-yearÿgrowthÿof 405.06 per cent.

Interest income of the bank rose by 11.70 per cent at Rs 1836.35 crore for the quarter ended March 31, 2026 as against Rs 1643.97 crore in the corresponding period last year.

During the January-March quarter, total income rose moderately by 12.32 per cent to Rs 2,099.81 crore from Rs 1,869.42 crore in the year ago period.

Meanwhile, operating expenses increased by 8.94 per cent to Rs 1,697.35 crore from Rs 1,558.12 crore in the same period last year.

Operating profit surged 29.28 per cent to Rs 402.46 crore from Rs. 311.30 crore.

Provisions and Contingencies slipped by 51.90 per cent at Rs 124.11 crore from Rs 258.01 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 18.17 per cent at Rs 980.12 crore versus Rs 829.43 crore in the year ago period. Non-interest income rose 16.86 per cent year-on-year to Rs 263.46 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.60 per cent of the gross advances as at the end of March 31, 2026 from a level of 2.89 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.72 per cent of net advances on March 31, 2026 from 0.98 per cent a year ago.