The bank reported standalone net profit of Rs 14,804.50 crore for the quarter ended June 30, 2026 as compared to Rs 12768.21 crore in the same period last year, registering a year-on-yearÿgrowthÿof 15.95 per cent.
Interest income of the bank rose by 6.34 per cent at Rs 45670.78 crore for the quarter ended June 30, 2026 as against Rs 42946.91 crore in the corresponding period last year.
During the April-June quarter, total income rose by 5.43 per cent to Rs 54,246.84 crore from Rs 51,451.81 crore in the year ago period.
Meanwhile, operating expenses increased by 3.53 per cent to Rs 33,860.77 crore from Rs 32,705.97 crore in the same period last year.
Operating profit surged 8.75 per cent to Rs 20,386.07 crore from Rs. 18,745.84 crore.
Provisions and Contingencies slipped by 30.54 per cent at Rs 1,260.45 crore from Rs 1,814.57 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 12.71 per cent at Rs 24,384.35 crore versus Rs 21,634.46 crore in the year ago period. Non-interest income rose 0.84 per cent year-on-year to Rs 8,576.06 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.38 per cent of the gross advances as at the end of June 30, 2026 from a level of 1.67 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.35 per cent of net advances on June 30, 2026 from 0.41 per cent a year ago.