RBL Bank Q1 results: Net profit falls 46% YoY to ₹200 crore; NII declines 13%

RBL Bank, on Saturday, July 19, reported a 46.08% year-on-year (YoY) decline in its net profit to ₹200.33 crore in the June quarter of the 2025-26 financial year (Q1’FY26), compared to ₹371.52 crore in the year-ago period.

It clocked a net interest income (NII) of ₹1,481 crore in the quarter under review, falling 12.88% YoY from ₹1,700 crore in the first quarter of FY25. Furthermore, its net interest margin contracted to 4.50% in Q1’FY26, from 4.89% in the corresponding quarter last year.

Its gross non-performing assets (GNPA) increased to 2.78% from 2.69% in Q1FY25. However, its net NPA (NNPA) improved to 0.45% in Q1FY25, compared to 0.74%.

RBL Bank’s overall provision ratio, including technical write-offs, stood at 94.2% during the quarter under review, with its total provision. Its total provisions, including specific, general and contingent provisions, were at 105% of GNPA, the bank said in a regulatory filing.

The bank’s total deposits stood at ₹1.13 lakh crore as of June 30, 2025, growing 11% YoY from ₹1.01 lakh crore as of June-end 2024. Furthermore, its Current Account Savings Account (CASA) deposits also grew by 11% YoY to ₹36,614 crore from ₹33,003 crore in the year-ago period. Its granular deposit, which is deposits less than ₹3 crore, soared 16% YoY to ₹57,934 crore (at 51.4% of total deposits), as against ₹49,980 crore as of June 30, 2024.

Commenting on the results, R Subramaniakumar, the MD and CEO, RBL Bank, said: “We have navigated a challenging environment with resilience and discipline, delivering strong momentum in secured retail and commercial banking while deepening our granular deposit base. During Q1 FY26, slippages in the JLG portfolio have moderated, with SMA levels reverting to the Q1 FY25 level. The core engine remains robust—anchored in disciplined execution, profitability-driven growth, and a sharp customer focus. We are pleased to report steady performance this quarter and continued progress on our key priorities”.

Shares of RBL Bank closed 2.85% lower at ₹260.70 apiece on the National Stock Exchange (NSE) on Friday.

RBL Bank has a total market capitalisation of ₹15,881.40 crore, as of July 20, 2025, as per data on the NSE.