Mumbai, Oct. 19 -- On a sequential basis, net profit rose 24.3% from Rs 331.51 crore in Q1 FY27, and total income rose 5.7% from Rs 3,545.72 crore.

Profit before tax rose 58.2% YoY and 25.2% QoQ to Rs 565.34 crore during the quarter.

Net interest income rose 22.32% YoY to Rs 1,162 crore. Interest earned rose 13.2% YoY and 5.6% QoQ to Rs 3,394.48 crore, while interest expended rose 9.0% YoY and 2.7% QoQ to Rs 2,233.60 crore. Net interest margin improved 17 bps YoY to 2.77% from 2.60%. Core fee income grew 23.62% YoY to Rs 246 crore.

Operating profit before provisions and contingencies rose 22.3% YoY to Rs 617.45 crore from Rs 505.06 crore, and 13.2% from Rs 545.48 crore in Q1 FY27. Provisions and contingencies fell 64.7% YoY and 44.6% Q...