Bank reported a strong set of numbers for the fourth quarter of FY26, driven by a sharp rise in profitability and marginal improvement in asset quality. The bank’s performance reflects stability in its core operations, even as net interest income growth remained relatively muted.
In Q4 FY26, Bank posted a net profit of ₹534 crore, marking a robust 68% increase compared to ₹318 crore in the same quarter last year. The significant jump in profit indicates improved operational efficiency and better cost management during the period.
However, net interest income (NII), which is a key indicator of a bank’s core earnings, saw only modest growth. NII rose 1.4% year-on-year to ₹2,795.4 crore, compared to ₹2,756 crore in Q4 FY25. This suggests that while lending activity remained stable, margin expansion was limited.
On the asset quality front, the bank showed slight improvement. Gross non-performing assets (GNPA) declined to 3.27% from 3.33% on a quarter-on-quarter basis, indicating a marginal reduction in stressed assets. Similarly, net non-performing assets (NNPA) improved to 0.97% from 0.99% sequentially, reflecting better recovery and provisioning efforts.
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