The state-owned lender reported a 49.3 per cent rise in Q1 FY27 net profit, supported by strong growth in net interest income, non-interest income and improving asset quality
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The bank had earned a net profit of ₹1,111 crore in the corresponding quarter last year
The company reported a consolidated net profit of ₹25.39 crore ($2.63 million) in the first quarter ended June 30 from a loss of ₹10.8 crore a year ago
Income rose to ₹5,502.18 crore from ₹4,476.60 crore in the corresponding quarter of the previous financial year, Shyam Metalics and Energy said in a filing to BSE
Q1FY27 company results: Firms including Indian Overseas Bank, Sobha, Mahindra Logistics, Canara HSBC Life Insurance Company, and Rallis India are also to release their April-June earnings today
Early Q1FY27 results show corporate profit growth at an 11-quarter high, led by banks, Reliance Industries, IT services and metal companies
Punjab National Bank's June-quarter profit jumped 214% on a favourable base, but net interest margin stayed below FY27 guidance despite improving asset quality and steady loan growth
The total income increased to ₹3,546 crore during the June quarter from ₹3,379 crore in the same quarter of the previous fiscal year
Net interest income grows 12.7 per cent, provisions fall 31 per cent and gross NPAs improve as advances rise nearly 20 per cent year-on-year
Axis Bank's June-quarter profit rose on lower provisions and an 8 per cent increase in net interest income, even as margins narrowed and bad loans edged higher
Total income rose to ₹8,573 crore during the June quarter of 2026-27, from ₹8,458 crore a year ago, IDBI Bank said in a regulatory filing
Revenue from operations was up 20.25 per cent at ₹4,031.72 crore in the June quarter from ₹3,352.53 crore a year ago
Net interest income rises 18 per cent, advances grow 18.3 per cent and gross NPAs fall to 1.3 per cent as the lender reports broad-based business momentum
Net interest income increased 6.7 per cent YoY to ₹33,535 crore in Q1FY27 from ₹31,438 crore a year earlier
Net interest income rose 12.3 per cent to ₹29,177.13 cr, while NIM rose marginally to 4.36; consolidated advances grew 19.6 per cent to ₹17.29 trillion, and deposits were up 14 per cent to ₹18.70 trn
NII rose 9 per cent YoY to Rs 11,266 crore, while other income increased 8 per cent YoY to Rs 3,338 crore
Yes Bank reported a 34 per cent increase in June quarter net profit to ₹1,070 crore, driven by robust loan growth, higher net interest income and steady growth in deposits
Punjab National Bank reported an over threefold rise in June quarter net profit, aided by improved asset quality and higher operating profit, even as total income remained largely unchanged
Axis Bank reported better-than-expected June quarter earnings as higher net interest income and lower provisions lifted profit, while loan growth remained supported by improving credit demand