Analysts had estimated higher net profit.
The bank’s Net Interest Income (NII) rose by 6.7% to ₹33,536 crore. The growth was supported by a steady increase in loans and deposits, the bank said.
Net Interest Margin (NIM) remains under pressure and stood at 3.26%.
During the quarter, the bank’s asset quality increased. It’s Gross Non-Performing Assets (GNPA) fell 3.22% YoY to ₹35,846 crore. The Net NPA (NNPA) however marginally grew 0.65% to ₹12,357 crore from ₹12,276 crore a year ago.
GNPAs were at 1.17% of gross advances as on June 30, 2026 (0.91% excluding NPAs in the agricultural segment), as against 1.15% as on March 31, 2026 (0.91% excluding NPAs in the agricultural segment), and 1.40% as on June 30, 2025 (1.14% excluding NPAs in the agricultural segment), the bank said in a filing.
NNPAs were at 0.41% of net advances as on June 30, 2026.
The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 19.6% as on June 30, 2026 (19.9% as on June 30, 2025) as against a regulatory requirement of 11.9%.
Tier 1 CAR was at 17.8% and Common Equity Tier 1 Capital ratio was at 17.4% as of June 30, 2026. Risk-weighted Assets were at ₹ 30,52000 crore.
During the quarter the bank’s gross advances grew by 15.4% while total deposits increased by 13.3% compared with the previous year.
