Mumbai, July 18 -- Total income increased 6.40% year on year (YoY) to Rs 4,799.68 crore in Q1 FY27.

Provisions (other than tax) and contingencies rose 35.48% YoY to Rs 599.28 crore during Q1 FY27. Profit before tax added 24.12% to Rs 323.51 crore in Q1 FY27 as against Rs 260.63 crore posted in the year-ago period.

Net interest income rose 11.73% YoY to Rs 1,654.4 crore in Q1 FY27. Net interest margin (NIM) stood at 4.13% in Q1 FY27, compared to 4.50% reported in the same quarter a year ago.

Operating profit stood at Rs 922.8 crore in Q1 FY27, up 31% YoY.

On the asset quality front, the lender reported a sharp improvement in its stressed asset metrics during the quarter. Gross non-performing assets (GNPA) fell to 1.30% as of June 30, 2...