Q2 FY26 results: consolidated PAT up 23%, income grows 20%, NPAs inch up

Revenue Growth 20pctRelated Party TransactionsResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-7.1%Reaction day

₹1086.60

prior close

₹1043.70

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.4%-7.5% vs market

Non Banking Financial Company (NBFC) peers, median of 204sector-0.1%-7.0% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty 100 and 7.0 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

-7.1+0.4-7.5-0.1-7.0

Next day

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UpDownMarket · Nifty 100Sector · Non Banking Financial Company (NBFC) peers, median of 204Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Q2 and H1 FY26 (ended Sep 30, 2025) results. Standalone Q2 PAT was Rs 4,250.77 cr versus Rs 5,613.71 cr in Q2 FY25, which had a one-time Rs 2,544.11 cr gain from sale of BHFL shares. Standalone H1 total income grew about 20 percent year-on-year to Rs 33,883.20 cr. Consolidated Q2 PAT rose 23 percent to Rs 4,947.76 cr and H1 PAT rose 22 percent to Rs 9,713.05 cr. Gross NPA rose to 1.59 percent from 1.33 percent. Auditors gave an unmodified review opinion. A 4-for-1 bonus issue was completed in June 2025.

Likely market impact

Standalone YoY drop is misleading due to prior year one-time gain. Core growth remains strong but rising NPAs and slightly lower capital adequacy warrant monitoring.