RBLBANKBSERBL BANK LIMITEDLowNeutral
Announced Fri, 17 Jul · 16:45 IST

RBL Bank Q1 FY27 results: Net Profit rises 27% YoY to Rs 254 crore

RBLBANK · price

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AI summary

RBL Bank posted Q1 FY27 net profit of Rs 254 crore, up 27% YoY. Operating profit rose 31% to Rs 923 crore. Net interest income grew 12% to Rs 1,654 crore; NIM at 4.13%. Net advances up 23% YoY to Rs 1,16,223 crore. Deposits up 11% to Rs 1,24,829 crore. GNPA improved to 1.30% from 2.78% YoY. Cost to income ratio improved to 64.7% from 72.4%. Capital adequacy jumped to 33.3% after Emirates NBD infused about USD 2.75 billion, taking its stake to 60% as promoter. Bank also got AAA long term credit rating upgrade.

Likely market impact

Strong quarter with profit and asset quality gains, supported by major capital infusion and AAA rating upgrade, signaling improved financial strength.