RBL BANK Q1 RESULTS: AT RS 254 CRORE, PAT BEATS ESTIMATES—KEY TAKEAWAYS FOR INVESTORS

Mumbai-headquartered private sector lender RBL Bank on Friday reported a net profit of Rs 254 crore for the June quarter, beating analysts' expectations.  Its net profit grew 27 per cent over the corresponding period a year ago. 

According to Zee Business research, the private bank was estimated to log a net profit of Rs 180 crore for the first quarter of the current financial year. 

Its net interest income (NII) -- or the difference between interest earned and interest paid -- rose 12 per cent to Rs 1,654 crore, according to a regulatory filing. 

Analysts had pegged the lender's quarterly NII at Rs 1,770 crore.

RBL Bank net interest margin (NIM) 

The private bank's net interest margin (NIM) -- a key measure of a lender's profitability -- came in at 4.13 per cent for the June quarter, shrinking from 4.5 per cent for the previous three months and 4.41 per cent for the first quarter of FY26. 

Management commentary 

“This quarter saw the culmination of our capital raise with Emirates NBD. We are excited by the long-term potential of this relationship and believe that this capital will allow us the time and opportunity to invest and scale and build a resilient and relevant Bank for our customers," said R Subramaniakumar, MD and CEO, RBL Bank. 

"The Bank also saw an upgrade of its long-term credit ratings to 'AAA',” he said. 

The bank said it is well capitalised for medium-term growth with healthy liquidity with total capital adequacy recorded at 33.3 per cent as of June 30 versus 14.2 per cent at teh end of the previous quarter.

Loans and deposits 

RBL Bank registered a 13 per cent year-on-year jump in its retail advances to Rs 64,196 crore for the June quarter, while its wholesale advances grew 38 per cent to Rs 52,027 crore. 

The lender recorded an 11 per cent increase in its total deposits to Rs 1,24,829 crore, and a 24 per cent jump in average total deposits to Rs 1,29,362.

CASA ratio 

The bank said its average CASA ratio -- the percentage of a bank's total deposits held in current and savings accounts -- stood at 25.2 per cent.

 

RBL Bank Earnings: Asset quality improves 

Its asset quality improved, reflected in its gross non-performing assets (GNPAs) -- or gross bad loans -- at 1.3 per cent of total loans for the June quarter, versus 1.45 per cent for the previous three months.  

The bank's net non-performing assets (NNPAs) -- or net bad loans -- contracted to 0.37 per cent of total loans, decreasing from 0.39 per cent the previious quarter.

Analysts had expected the lender's gross and net non-performing assets to remain unchanged sequentially at 1.5 per cent and 0.4 per cent, respectively. 

Its provisions and contingencies were recorded at Rs 599 crore for the quarter ended June 30, marking a jump of 35 per cent over the year-ago period. Analysts had estimated the bank's June-quarter provisions at Rs 630 crore. 

RBL Bank shares vs Nifty 50 vs Nifty Bank

Earlier on Friday, RBL Bank shares rose 1.4 per cent to close at Rs 367.8 apiece on BSE. 

At this level, the RBL stock has risen 16.6 per cent so far this year, outperforming losses of 6.9 per cent and 2.0 per cent in the Nifty 50 and Nifty Bank indices, respectively.

In the last one year, the RBLBANK stock has rallied nearly 37 per cent while the Nifty 50 and Nifty Bank gauges have declined and risen around 3.0 per cent each. 

2026-07-17T11:33:18Z