RBI Bank announced its July-September quarter results for fiscal 2026-27 on Monday, Oct. 12 reporting a surge of 170% in its standalone net profit to Rs 482 crore, compared to Rs 179 crore in the corresponding period last year. The private lender’s bottomline nearly triple by 2.7 times in the quarter-under-review on improving asset quality and a rise in operating profit.
The Net Interest Income (NII) jumped 37.5% to Rs 2,131 crore, compared to Rs 1,550 crore in the year-ago period.
The firm’s gross non performing assets were reduced to 1.02%, compared to 1.30% in the previous quarter. The net non-performing assets were down to 0.29% on a quarter on quarter basis compared to 0.37% in the prior quarter.
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The bank’s provisions were at Rs 767 crore compared to Rs 599 crore in the preceding quarter and Rs 500 crore in the same time period for the previous fiscal.
RBL BANK Q2 Results
- Net Profit At Rs 482 crore Vs Rs 179 crore YoYÂ
- Gross NPA At 1.02% Vs 1.30% QoQÂ
- Net NPA At 0.29% Vs 0.37% QoQÂ
- NII Up 37.5% At Rs 2,131 crore Vs Rs 1,550 crore YoYÂ
- Provisions At Rs 767 crore Vs Rs 599 crore QoQÂ
- Provisions At Rs 767 crore Vs Rs 500 crore YoY
RBL Bank Share PriceÂ
RBL Bank Ltd.’s share price saw a 0.07% decline to settle at Rs 417.70 at the end of the day’s trade, compared to a 0.70% downturn of the NSE Nifty 50.
(This is a developing story.)
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