The public sector and private sector banks have released the financial results for Q1FY27.
| Bank | Results |
|---|---|
| Bank of India (BoI) | Click Here |
| Punjab & Sind Bank | Click Here |
| Central Bank of India | Click Here |
| Union Bank of India | Click Here |
| Indian Overseas Bank | Click Here |
| Bank of Maharashtra | Click Here |
| State Bank of India (SBI) | Click Here |
| Punjab National Bank (PNB) | Click Here |
| Bank of Baroda (BoB) | Click Here |
| Canara Bank | Click Here |
| Indian Bank | Click Here |
| UCO Bank | Click Here |
The PSU lender’s Capital Adequacy Ratio stood at 17.17 percent as at June 2026, out of which CET1 ratio was 12.91 percent.
The bank’s domestic deposits stood at Rs 14.73 lakh crore as at June 2026, rising 10.1 percent on a year-on-year basis, while domestic gross advances grew much faster at 17 percent YoY to Rs 12.07 lakh crore as at June 2026.
The company’s asset quality improved during the quarter. The gross non-performing assets (GNPA) ratio improved to 1.57 percent as at June 2026, reduced from 1.84 percent as at March 2026 and 2.69 percent as at June 2025.
The net NNPA ratio improved to 0.36 percent as at June 2026, down from 0.43 percent as at March 2026 and 0.63 percent as at June 2025.
The private sector lender posted a net profit of ₹1,075 crore for the quarter, up 132.2% from ₹463 crore in the corresponding period last year.
NII, the difference between interest earned and interest paid, increased 21% YoY to ₹5,972 crore from ₹4,933 crore a year earlier, reflecting healthy growth in the bank's core lending business. Net Interest Margin (NIM) of the Bank improved to 5.96% in Q1 FY27 from 5.71% in Q1 FY26, up 25 bps. On QOQ, basis it was up by 3 bps.
Operating profit rose 14% YoY to ₹2,553 crore during the quarter, compared with ₹2,239 crore in the year-ago period.
The bank's provisions declined to ₹1,144 crore from ₹1,659 crore in the corresponding quarter last year, although they were higher than ₹869 crore reported in the previous quarter.
Asset quality improved sequentially during the quarter. Gross non-performing assets (GNPA) stood at 1.51% at the end of the June quarter, compared with 1.61% in the March quarter. Net non-performing assets (NNPA) also improved to 0.44% from 0.48% in the preceding quarter.
Total customer business, comprising loans and customer deposits, rose 18.6% year-on-year (YoY) to Rs. 6,04,776 crore as of June 30, 2026, from Rs. 5,10,031 crore a year earlier. On a quarter-on-quarter (QoQ) basis, total customer business grew 5.2%.
The bank's loans and advances, including credit substitutes, increased 20.6% YoY to Rs. 3,05,370 crore from Rs. 2,53,233 crore, while growing 5.2% sequentially. The incremental growth was primarily driven by mortgages, vehicle loans, corporate loans and consumer loans. The retail, agriculture and MSME (RAM) portfolio expanded 18.2% YoY to Rs. 2,41,118 crore and grew 3.8% QoQ. Meanwhile, the wholesale loan book registered stronger growth, rising 30.4% YoY to Rs. 64,252 crore and 11% QoQ.
Customer deposits climbed 16.6% YoY to Rs. 2,99,405 crore as of June 30, 2026, while increasing 5.3% from the previous quarter. CASA deposits grew 24.6% YoY and 8.1% QoQ to Rs. 1,58,492 crore, taking the CASA ratio to 50.8%, compared with 48% a year ago and 49.8% in the March quarter.
The bank's return on assets (RoA) improved to 1.06% in Q1 FY27 from 0.54% in the corresponding quarter last year. Its capital adequacy ratio stood at 15.05%, including a Common Equity Tier-I (CET-I) ratio of 13.33%.
The country’s second largest public sector lender had posted a net profit of Rs 4,541 crore in the previous corresponding quarter.
The lender, however, posted a 9.5 percent growth in net interest income for Q1 FY27 to Rs 12,524 crore, a near 10 percent growth from Rs 11,435 crore in the prior corresponding quarter.
The bank’s asset quality remained benign, with the net non-performing asset (NNPA) coming down by 10 basis points to 0.5 percent for the June quarter from 0.6 percent, while the gross NPA (GNPA) was at 1.99 percent, as compared to 2.24 percent in the first quarter of FY26.
The lender’s capital adequacy ratio was at 16.31 percent for the first quarter, as compared to 17.61 percent, a whopping 130 basis point drop.
The bank’s global advances grew 17.4 percent to Rs 14.16 lakh crore for Q1 FY27, as compared to Rs 12.07 lakh crore in the previous corresponding period. The bank’s deposits, however, grew lesser at 13.8 percent to Rs 16.33 lakh crore.
Net interest income (NII) — the difference between interest earned and interest expended — grew 16.86 per cent YoY to Rs 2,808 crore.
Non-interest income grew 69 per cent YoY to Rs 1,686 crore, driven by Rs 1,018 crore of recoveries from written-off accounts and a 35 per cent increase in fee income to Rs 505 crore.
The bank's net interest margin (NIM) stood at 3.24 per cent at the end of the quarter, compared with 3.19 per cent in the quarter ended March 31, 2026, and 3.18 per cent as of June 30, 2025.
Provisions made by the bank more than doubled to Rs 2,154 crore during the quarter, mainly due to tax-related provisions.
The bank's domestic advances grew 22.26 per cent YoY and 4.31 per cent quarter-on-quarter (Q-o-Q) to Rs 2.44 trillion. Retail advances grew 27.32 per cent YoY to Rs 71,549 crore, backed by growth in the home loan and vehicle loan portfolios. Agriculture advances expanded 30 per cent YoY to Rs 38,952 crore as of June 30, 2026, while advances to the MSME sector grew 18.79 per cent YoY to Rs 47,244 crore. Advances to corporates and others grew 17.14 per cent YoY to Rs 86,742 crore.
Domestic deposits grew 16.42 per cent YoY and 3.68 per cent Q-o-Q to Rs 5.58 trillion. Of this, current account savings account (Casa) deposits grew 12.34 per cent YoY but declined 1.37 per cent Q-o-Q to Rs 1.16 trillion. The Casa ratio stood at 36.94 per cent, compared with 36.91 per cent in Q1 FY26.
The bank has set a target of 10-12 per cent YoY growth in deposits and 12-14 per cent YoY growth in credit for FY27.
Asset quality improved, with the gross non-performing asset (NPA) ratio at 2.08 per cent in the quarter, compared with 2.17 per cent as of March 31, 2026. The net NPA ratio stood at 0.25 per cent as of June 30, 2026, against 0.27 per cent as of March 31, 2026.
The quarter's net interest income (NII) was ₹3,688 crore, up 34.30 percent from the same period last year. This was due to the ongoing moderation in the cost of deposits, which decreased to 4.70 percent from 5.10 percent.
Priority sector lending certificate (PSLC) commission increased more than thrice to ₹863 crore, driving a 45.85 percent year-over-year increase in non-interest income to ₹2,160 crore.
Non-interest income has shown a growth of 45.85 per cent, primarily driven by PSLC sales and recovery from technically written-off accounts, in addition to normal non-interest income," said Ajay Kumar Srivastava, Managing Director and CEO of Indian Overseas Bank.
The bank's domestic net interest margin (NIM) improved by 31 basis points year-on-year to 3.48 per cent in the June quarter, while global NIM rose by 33 basis points to 3.37 per cent.
Total provisions declined 1.18 per cent year-on-year to ₹834 crore from ₹844 crore in Q1 FY26, even as they fell 17.10 per cent sequentially from ₹1,006 crore in Q4 FY26. Of this, NPA provisions dropped sharply by 40.45 per cent year-on-year to ₹106 crore, while other provisions rose 9.31 per cent to ₹728 crore.
Operating expenses rose 68.81 per cent year-on-year to ₹3,155 crore in Q1 FY27, driven largely by an 80.45 per cent jump in staff expenses to ₹2,104 crore. Other expenses grew 49.36 per cent to ₹1,050 crore. The sharp rise in staff costs pushed the cost-to-income ratio up to 53.95 per cent from 44.22 per cent a year earlier.
On asset quality, gross non-performing assets (GNPA) stood at ₹4,292 crore as of June 2026, down 17.11 per cent from ₹5,178 crore a year earlier. Net NPAs fell 27.94 per cent to ₹588 crore from ₹816 crore. The GNPA ratio improved to 1.33 per cent from 1.97 per cent a year ago and 1.42 per cent in the previous quarter. The net NPA ratio stood at 0.18 per cent, compared with 0.32 per cent a year ago and 0.21 per cent in Q4 FY26. The provision coverage ratio (PCR) improved to 97.67 per cent from 97.47 per cent a year earlier.
The bank's capital adequacy ratio (CRAR) stood at 19.36 per cent as of June 2026, compared with 18.28 per cent a year earlier and 19.78 per cent in the preceding quarter.
On the business front, global advances stood at ₹3.22 trillion as of June 2026, up 22.75 per cent year-on-year, while total deposits rose 13.72 per cent to ₹3.76 trillion, taking the bank's total business to ₹6.98 trillion, up 17.72 per cent. The retail, agriculture and MSME (RAM) segment continued to gain share, rising to 81.21 per cent of domestic advances from 73.39 per cent a year earlier, with agriculture advances up 46.84 per cent and retail advances up 36.49 per cent year-on-year.
Current and savings account (CASA) deposits grew 6.61 per cent year-on-year to ₹1.54 trillion, though the CASA ratio (as a percentage of total deposits) slipped to 41.05 per cent (global) from 43.78 per cent a year earlier as term deposits grew faster. The credit-deposit ratio rose to 85.63 per cent (global) from 79.33 per cent, up 630 basis points year-on-year.
Sequentially, however, net profit increased from Rs 5,225 crore reported in the previous three months by just over 0.5% QoQ.
In the first quarter of FY27, the PSU lender's net interest income (NII) increased from Rs 10,578 crore to Rs 10,798 crore, an increase of more than 2% year over year.
While total term deposits rose by around 9% YoY to Rs 10.21 lakh crore, PNB's current account savings account deposits surged by about 8% YoY to Rs 5.69 lakh crore. Global advances, on the other hand, increased by almost 13% year over year to Rs 12.73 lakh crore. Return on assets (RoA) for the PSU lender dropped from Rs 1.06% in Q4 FY26 to 1.04% in Q1 FY27 from 0.37% in Q1 FY26. In contrast, during the reviewed quarter, Return on Equity (RoE) was 17.33%. Gross non-performing assets (NPAs) decreased to 2.78% at the end of the June quarter from 3.78% a year earlier, indicating an improvement in PNB's asset quality.
Gross Non-Performing Assets (GNPA) in absolute terms declined by Rs 7,292 crore to Rs 35,381 crore from Rs 42,673 crore, while Net Non-Performing Assets (NNPA) eased by Rs 699 crore to Rs 3,433 crore from Rs 4,132 crore as on June 2025. Similarly, net NPAs, or bad loans, declined to 0.26%, as against 0.38% in the year-ago period.
However, provisions for bad loans rose to Rs 792 crore during the first quarter, as compared to Rs 396 crore in the same period a year ago. The bank’s capital adequacy ratio improved to 18.13% from 17.5% at the end of the first quarter of the previous financial year.
According to a regulatory statement by Punjab & Sind Bank, the total income for the June quarter rose to Rs 3,546 crore from Rs 3,379 crore in the same period of the previous fiscal year.The bank's interest earnings increased from Rs 2,911 crore in the June quarter of FY26 to Rs 3,213 crore.
The bank's net interest income also increased 15 per cent to Rs 1,038 crore from Rs 900 crore in the same quarter in the previous financial year.Net interest margin was at 2.53 per cent at the end of the quarter under review.
During the period, the operating profit of the bank increased marginally to Rs 545 crore compared to Rs 540 crore a year ago.
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 2.21 per cent of gross advances at the end of the June quarter from 3.34 per cent a year ago.
Its gross advance increased 19 per cent to Rs 1,19,290 crore from Rs 99,950 crore at the end of June 2025.Similarly, net NPAs, or bad loans, declined to 0.65 per cent against 0.91 per cent in the year-ago period.
As a result, provisions and contingencies dropped to Rs 94 crore during the first quarter compared to Rs 217 crore a year ago.Its provision coverage ratio (PCR) improved to 92.33 per cent from 91.77 per cent in the same quarter a year ago.
At the same time, return on assets (ROA) improved to 0.73 per cent for the first quarter of the current fiscal year, from 0.67 per cent in June 2025, it said.
Capital adequacy ratio of the bank slightly declined to 17.61 per cent from 17.9 per cent in the same quarter of FY26.The total business grew 15 per cent to Rs 2,66,420 crore from Rs 2,31,132 crore at the end of June 2025.
From Rs 3,166 crore in Q1 FY26 to Rs 3,486 crore in Q1 FY27, the bank's net interest income—the difference between interest received and interest expenses—rose more than 10% year over year.
Although it improved year over year, IDBI Bank's asset quality has somewhat deteriorated during the March quarter. Compared to 0.15% in Q4 FY26 and 0.21% in Q1 FY26, the lender's net non-performing asset ratio was 0.16%.
Provisions and contingencies stood at a negative Rs 637 crore, as against a negative Rs 179 crore in the year-ago period. Capital adequacy ratio, meanwhile, increased to 26.92% during the quarter under review, while return on assets stood at 1.89%.
IDBI Bank’s total deposits grew 10% YoY to Rs 3.26 lakh crore, while net advances rose 22% YoY to Rs 2.59 lakh crore. Credit deposit ratio stood at 79.5%, marking an improvement by 810 bps YoY and 644 bps QoQ. Net interest margin (NIM) stood at 3.61%. The lender’s total balance sheet increased 10% YoY to Rs 4.44 lakh crore.
The company’s current account savings account ratio stood at 43.64%, marking a 99 bps fall since June last year. CASA, meanwhile, grew 7% YoY to Rs 1.42 lakh crore in Q1 FY27.
Over a longer term, IDBI Bank shares have delivered a negative return of 13% over one year, but positive returns of 50% in three years and 130% in five years. The company has a market capitalisation of nearly Rs 93,546 crore.
For the quarter, the net interest margin (NIM) was 3.26 percent on total assets and 3.40 percent on assets that generated interest.
The average deposits at the nation's biggest private lender increased by 10.8% year over year to Rs 30,386 billion, while advances increased by 13.3% YoY to Rs 30,115 billion.
On the asset quality front, gross non-performing assets (GNPAs) stood at 1.17 percent of gross advances as on June 30, 2026, compared with 1.15 percent as on March 31, 2026, and 1.40 percent a year earlier. Net non-performing assets (NNPAs) were at 0.41 percent of net advances as of June 30, 2026.
Furthermore, the bank reported a return on assets (RoA) of 1.85 percent for the June quarter. The bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 19.6 percent as of June 30, as compared to 19.9 percent, in the previous corresponding quarter.
Provisions and contingencies for the quarter stood at Rs 30.6 billion, while the total credit cost ratio was 0.40 percent.
As of June 30, 2026, the Bank’s distribution network was at 9,694 branches, as against 9,499 branches as at the end of June 2025.
In Q1 FY27, net interest income (NII) increased 9% year over year to Rs 7,928 crore from Rs 7,259 crore in the same time the previous year. In the meantime, the bank's net worth increased by more than 14% year over year to Rs 1.4 lakh crore.
While NPA ratios climbed sequentially, asset quality improved year over year. Net NPA increased 7.5% QoQ from Rs 1,262 crore in Q4 FY26 but decreased 11% YoY to Rs 1,358 crore in Q1 FY27 from Rs 1,531 crore in Q1 FY26.
Gross NPA, meanwhile, dropped 8% YoY to Rs 6,122 crore. Gross NPA ratio shrunk to 1.18%, while net NPA ratio stood at 0.27%. Fresh slippages witnessed a 27% YoY decline to Rs 1,321 crore during the quarter under review.
Kotak Mahindra Bank’s provision and contingencies decreased 45% YoY to Rs 668 crore, while RoE ratio stood at 11.98% during the first quarter, as against 10.94% in Q1 FY26 and 12.27% in Q4 FY26.
The private lender’s CASA ratio stood at 40.3% as on June 30, 2026, while CD ratio was reported at 89.4%. Total deposits rose 14% YoY to Rs 5.59 lakh crore, while net advances grew 15% YoY to Rs 5.12 lakh crore.
Kotak Mahindra Bank’s net interest margin (NIM), however, reduced to 4.53% in the April-June quarter of FY27, from 4.65% in Q1 FY26 and 4.67% in Q4 FY26. Total period-end deposits grew to Rs 5.73 lakh crore for Q1 FY27, up 12% YoY from Rs 5.13 lakh crore for Q1 FY26. Credit-to-deposit ratio as on June 30, 2026 stood at 89.4%, as against 86.7% as on June 30, 2025.
The private lender reported Advances Growth at 18.3% Y-o-Y and 4.3% Q-o-Q; Deposits growth at 14.3% Y-o-Y; On an Average Quarterly Balance (AQB) basis, Advances and Deposits growth at 15.1% Y-o-Y and 14.8% Y-o-Y, respectively.
CASA Deposits stood at 14.3% Y-o-Y; on an AQB1 basis, CASA growth was stronger at 15.0% Y-o-Y.
Advances Growth stood at 18.3% Y-o-Y and 4.3% Q-o-Q; Deposits growth grew by 14.3% Y-o-Y. On AQB basis, Advances and Deposits growth stood at 15.1% Y-o-Y and 14.8% Y-o-Y, respectively. Continued momentum in Retail Assets Disbursement went up 27.5% Y-o-Y.
Commenting on the results and financial performance, Vinay M. Tonse, Managing Director & CEO at Yes Bank, said, “YES BANK has begun FY27 on a strong footing, with Q1 Net Profit growing ~34% Y-o-Y to INR 1,071 Crs.
Yes Bank reported a significant improvement in Asset Quality, with the GNPA ratio at 1.3%, down 30 bps Y-o-Y, and the NNPA ratio at 0.2%, down 10 bps Y-o-Y. The private lender reported Retail Slippages at the lowest in the past 10 quarters at INR 843 Crs (2.7% of Advances) v/s ₹888 crore (2.8% of Advances) in Q4FY26.
Net Credit Costs for the quarter stood 0.3% of Average assets against 0.3% in Q1FY26.
In Q4FY26, reported a standalone net profit of ₹1,068.42 crore, registering a growth of 44.7% from ₹7,381.2 crore in the corresponding period of the previous fiscal.
In Q1FY26, Yes Bank's net profit surged by 59% year-on-year, reaching ₹801 crore compared to ₹502 crore in the same quarter last year. The profit after tax (PAT) increased by over 8% on a sequential basis, up from ₹738 crore in the January-March quarter of FY25.
The bank reported healthy growth in its core lending business during the June quarter, with net interest income (NII) rising 12.7% year-on-year to ₹24,384 crore. The growth was driven by strong credit expansion and an improvement in margins. Net interest margin (NIM) for Q1 FY27 stood at 4.36%, compared with 4.34% in the corresponding quarter last year.
On the asset quality front, the bank continued to strengthen its balance sheet, with the gross non-performing asset (GNPA) ratio improving to 1.38% and the net non-performing asset (NNPA) ratio standing at 0.35% as of June 30, 2026.
The bank's total advances increased 19.6% year-on-year to ₹16,31,260 crore as of the end of the quarter, while total deposits grew 14% to ₹18,33,586 crore. The retail loan portfolio accounted for 49.2% of the overall loan book and registered 12% year-on-year growth.
The business banking portfolio grew by 28.2% YoY and the rural portfolio grew by 35.4% YoY in Q1FY27. The bank’s domestic corporate portfolio grew by 18.5% YoY in Q1 and the domestic advances grew by 18.8% compared to the same quarter last fiscal.
The private lender’s net interest income (NII) meanwhile rose more than 8% YoY to Rs 14,646 crore during the first quarter of the ongoing financial year 2027, from Rs 13,560 crore reported in the same period last year. Notably, this is higher than Nomura and Kotak Institutional’s estimates. Net interest margin during the quarter under review stood at 3.46%.
Axis Bank's gross non-performing assets (GNPA) declined around 4% YoY to Rs 17,124 crore, while net NPA rose around 2.5% YoY to Rs 5,193 crore. The gross NPA and net NPA ratios improved on a YoY basis to 1.28% and 0.39%, respectively. However, both increased sequentially from 1.23% and 0.37% in Q4 FY26.
The lender’s debt-to-equity ratio stood at 1.12% in Q1 FY27, as against 1.15% in Q4 FY26 and 0.98% in Q1 FY26. Axis Bank's net worth meanwhile rose around 14% YoY to Rs 2.03 lakh crore during the quarter under review, while net slippage ratio fell 121 bps YoY to 1.12%.
Return on Average Assets stood at 1.51% during the first quarter of FY27, as against 1.47% in the year-ago period. Its current account savings account (CASA) deposits rose 11% to Rs 5.22 lakh crore, as on June 30, 2026.
Provision and contingencies for Q1 FY27 stood at Rs 2,223 crore, while specific loan loss provisions stood at Rs 2,079 crore. Axis Bank said that during Q4 of FY26, it had proactively strengthened its balance sheet by voluntarily enhancing its prudent provisioning framework for standard assets, in line with conservative risk-management philosophy.
The share of CASA deposits in total deposits stood at 38%. On QAB basis, total deposits grew 6% QoQ and 18% YoY, within which savings account deposits grew 14% YoY, current account deposits grew 13% YoY, and term deposits grew 21% YoY.
The lender’s advances rose 19% YoY and 2% QoQ to Rs 12.62 lakh crore as on June 30, 2026. Retail loans grew 8% YoY to Rs 6,76 lakh crore and accounted for 54% of the net advances. The share of secured retail loans stood at around 73%, with home loans comprising 26% of the retail book. Small Business Banking (SBB) advances grew 2% QoQ and 18% YoY, while loans against property rose 11% YoY, personal loans increased 7% YoY, credit card advances grew 5% YoY and the rural loan portfolio expanded 16% YoY.
In the same quarter of the prior fiscal year, the lender made a net profit of ₹1,169 crore.
According to a regulatory statement by the Central Bank of India, total income increased to ₹10,678 crore in the June 2026 quarter from ₹10,360 crore in the same period of FY26.
The bank earned ₹9,691 crore in interest during the quarter, up from ₹8,589 crore during the June quarter of FY26.
But compared to the same period last year, the bank's operating profit dropped to ₹2,186 crore from ₹2,304 crore.
Gross non-performing assets (NPAs) decreased to 2.60 percent of gross loans at the end of the June quarter from 3.13 percent a year earlier, indicating an improvement in the bank's asset quality.
As of June 30, 2026, the bank's net non-performing assets (NPAs) were steady at 0.49%.
Consequently, provisions for bad loans fell sharply from ₹468 crore at the end of June 2025 to ₹346 crore.
The bank's capital adequacy ratio increased to 18.28% during the quarter from 17.66% at the conclusion of the first quarter of FY26.
The bank's total income for the June quarter rose by 1.3% YoY to ₹31,806.20 crore. In Q1FY26, its total income was ₹31,405.03 crore.
Union Bank of India's operating expenses declined by 0.80% YoY to ₹6,637.66 crore from ₹6,689.67 crore in the same quarter last year.
Operating profit for the quarter under review jumped nearly 16% YoY to ₹8,002.58 crore from ₹6,908.66 crore in the June quarter of the last financial year.
Its provisions and contingencies, other than taxes, declined to ₹979.42 crore in Q1FY27 from ₹1,664.51 crore in the corresponding quarter of the previous financial year, and ₹1,054.98 crore in Q4FY26.
Gross advances during the quarter increased by 12.50% YoY, while total deposit grew by 3.50% YoY, with total deposits base of ₹12,83,366 crore by the end of the June quarter. The bank said it had a total business of ₹23,79,697 crore as on 30 June 2026.
Gross NPA (%) reduced by 87 bps YoY to 2.65% and net NPA (%) reduced by 15 bps YoY to 0.47% as on 30 June this year.
The bank's return on assets (RoA) and return on equity (RoE) stood at 1.36% and 17.23%, respectively, during Q1FY27.
Net interest income (NII) increased by 10.15% YoY and 6.71% QoQ to ₹10,037 crore, while net interest margin (NIM) increased by 4 bps YoY and 16 bps QoQ to 2.80%.
In the same quarter of the prior fiscal year, the state-owned banking reported a net profit of ₹1,593 crore.
A regulatory filing states that overall income increased from ₹7,879 crore a year earlier to ₹9,063 crore during the quarter. Additionally, interest income rose to ₹8,037 crore from ₹7,054 crore during the same time last year.
According to the bank's exchange filing, Net Interest Income (NII) rose 14.53% year-on-year to ₹3,770 crore in Q1 FY27, compared with ₹3,292 crore in the corresponding quarter last year. On a sequential basis, NII increased 1.82%.
The bank's cost-to-income ratio improved to 35.04% from 37.57% a year ago and 36.51% in the March 2026 quarter.
Return on Assets (RoA) also strengthened to 1.90%, up from 1.80% in Q1 FY26, while net advances registered a robust 27.22% year-on-year growth to ₹3,01,934 crore.
The bank's asset quality strengthened further, with the gross non-performing asset (GNPA) ratio improving to 1.45% of gross advances as of June-end, down from 1.74% a year ago. The net NPA (NNPA) ratio also declined to 0.13%, compared with 0.18% in the corresponding period last year.
Meanwhile, the bank's capital adequacy ratio (CAR) stood at 18.64% at the end of the June quarter, compared with 20.06% in the year-ago period.
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The PSU lender’s net interest income (NII), meanwhile, rose nearly 17% to around Rs 7,435 crore in Q1 FY27 from Rs 6,359 crore in Q1 FY26. The company’s shares surged around 10% following the release of the results.
Indian Bank’s rise in net profit and NII was accompanied by a sharp improvement in asset quality. Gross non-performing assets (GNPA) fell nearly 30% YoY to Rs 12,710 crore, while the gross NPA ratio declined to 1.86% from 3.01% in Q1 FY26. Net NPA, meanwhile, fell over 4% YoY to Rs 990 crore, with the net NPA ratio improving to 0.15% from 0.23% a year earlier.
The PSU bank’s net worth rose nearly 14% YoY to Rs 68,793 crore in the first quarter of FY27, from Rs 60,383 crore in the same period of FY26. Its operating profit margin rose to 26.82% from 25.48% a year earlier, while net profit margin edged down to 15.79% from 15.88% in Q1 FY26.
Indian Bank’s return on assets rose to 1.34%, while earnings per share (EPS) increased to Rs 24.92. Its capital adequacy ratio stood at 17.80%, while total advances grew around 14% to Rs 6.84 lakh crore.
The bank said its slippage ratio declined to 0.77% in June 2026 from 0.94% in June 2025. Yield on investments (YoI), meanwhile, stood at 6.96%, while domestic net interest margin (NIM) improved to 3.41% from 3.35% a year earlier.
The bank posted a moderation in net interest margin (NIM) in tandem with most major banks for the quarter. The margins for Q4 FY26 was at 2.54 percent, as compared to 2.73 percent in the prior corresponding quarter.
Canara Bank's asset quality improved throughout the year. The gross non-performing asset (GNPA) ratio for the March quarter came in at 1.84 percent for Q4 FY26, as compared to 2.94 percent in Q4FY25. On a sequential basis, the GNPA improved by 24 basis points from 2.08 percent in Q3 FY26. The net non-performing asset (NNPA) ratio for the March quarter came in at 0.43 percent, versus 0.70 percent in Q4 FY25.
Provisions also declined significantly on a sequential and year-on-year basis for the quarter. In Q4, the provisions were at Rs 2,252 crore, as compared to Rs 3,964 crore in Q3 FY26 and Rs 3,280 crore in Q4 FY25.
The bank posted a common equity ratio of 12.44 percent for March 2026, as compared to 12.03 percent in March 2025.
Canara Bank's domestic deposits stood at Rs 14,36 lakh crore as at March 2026, growing 7.95 percent on a year-on-year (YoY) basis, while advances stood at Rs 11.61 lakh crore as at March 202, rising 15.12 percent on a YoY basis.
The bank ended the year with a return on assets (RoA) of 1.10 percent as of the end of March 2026, a slight improvement from 1.09 percent in March 2025.
Shares of the lender were trading 3.85 percent lower at Rs 129.17 apiece as of 1345 IST.
The bank declared dividend of Rs 4.2 per share
Sequentially, or on a quarter-on-quarter basis, BoB's profit rose by 11% from ₹5,054.63 crore in Q3FY26.
Operating income during the quarter under review climbed 1.4% YoY to ₹16,460 crore, while operating profit jumped 11.5% YoY to ₹9,069 crore in Q4FY26.
For the entire financial year 2026, BoB's standalone profit rose by 2.25% to ₹20,021.06 crore from ₹19,581.15 crore in FY25.
Meanwhile, the PSU bank's board recommended a dividend of ₹8.50 per share for FY26. The record date for the purpose is 5 June 2026.
BoB's net interest income (NII) rose by 8.7% YoY to ₹12,494 crore, while global net interest margin (NIM) eased to 2.89% in Q4FY26 from 2.98% in Q4FY25.
Total provisions (excluding taxes) and contingencies saw a sharp 103% YoY jump to ₹3,150 crore in Q4FY26. In the same quarter last year, it was ₹1,552 crore.
Domestic deposits grew by 12.8% YoY to ₹14,01,290 crore, while domestic advances also saw an impressive growth of 14.5% YoY to ₹11,69,458 crore.
BoB's domestic CASA increased by 9.8% YoY to ₹5,45,034 crore.
Bank of Baroda reported a decline in non-performing assets (NPA) for the March quarter. While gross NPA eased to 1.89% from 2.26% YoY, net NPA also dropped to 0.45% from 0.58% YoY.
