The company’s net interest income rose 23% YoY to ₹12,571 crore, falling short of the CNBC‑TV18 estimate of ₹13,102 crore but still indicating a healthy revenue stream.
Gross non‑performing assets dipped to 0.96% from 1.03% in the March quarter, and net NPA improved to 0.39% from 0.50%, underscoring tighter credit risk management.
Shares opened at ₹953.90, slumped 1% to ₹948.00, and touched an intraday high of ₹955.95 before settling, marking a 10% decline year‑to‑date and a 2.5% drop in the last month.
On the back of the strong balance sheet, the firm’s deposit book grew to ₹69,750 crore, while the loan loss provision remained prudent at ₹1,993 crore, reflecting robust provisioning practices.
Analysts project that the upcoming FY27 guidance will see a 12% lift in net profit as the loan book expands, and the firm is expected to target a 5% increase in AUM in Q3 after a strategic push into mid‑term products.