KMB’s net interest income (NII) increased 9% to ₹7927.4 crore in the recently concluded quarter in fiscal 2027 as against ₹7259.3 crore in the corresponding period of last fiscal. The bank’s net interest margin increased to 4.53% in the first quarter of fiscal 2027, a bit lower than 4.65% in the year ago period.
The bank’s Gross Non-Profitable Assets(GNPA) as a share of gross advances reduced 30 basis points to 1.18% in the reporting quarter as against 1.48% in June quarter of fiscal 2026. The net NPA share in net advances reduced to 0.27% in Q1FY27, down 7 basis points from 0.34% in the year ago period.
The bank had a net advances of ₹5.12 lakh crore and net deposits were at ₹5.72 lakh crore making the credit deposit ratio 89.4% in the recently concluded quarter. The ratio was a bit lower at around 87% in the year ago period.
The bank attributed the profitability to increased net interest margin, growth in fee income, consistent improvement in cost reduction resulted in and significant improvement in the asset quality leading to lower credit cost.
