The bank saw its pre-provision operating profit rise 6% at Rs 1680 crore from Rs 1586 crore. Total provisions were a little lower for the quarter at Rs 525 crore as against Rs 590 crore.
Net interest margin stood at 3.08% for the quarter, higher than the preceding quarter’s 2.90% but lower than year-ago period’s 3.17%.
Net interest income rose 11% year-on-year at Rs 2,646 crore, while other income came 27% lower at Rs 869 crore.
The bank’s non-performing assets ratio declined steadily to 2.4% at the end of December 2025 from 2.9% a year prior. Its gross advances grew 17% year-on-year to Rs 2.44 lakh crore, backed by 26% expansion in retail, agriculture and MSME loans.
Total Deposits grew nearly 11% to Rs 3.10 lakh crore with the low-cost current and savings account deposit ratio rising to 38.4% at the end of the reporting cycle.