RBL Bank Q2 earnings: Net profit jumps 170% to ₹482 crore, NII up 23% YoY; lender hikes provisions by 53%

RBL Bank posted its July to September quarter (Q2) earnings for the financial year 2026-27 on Monday, October 12, as the private sector institutional lender reported a strong growth in net profit due to a healthy increase in interest income in the period under review.

NSE filings showed that RBL Bank’s standalone net profit after tax surged around 170% year-on-year (YoY) to ₹482 crore in the September quarter of FY27, in comparison to ₹179 crore in the same period a year earlier.

On a sequential basis, the private banks’ net profit increased 90% to its Q2 FY27 levels, when compared to ₹254 crore in the first quarter of FY27, as per the standalone financial statements.

The institutional lender’s net interest income (NII) advanced 23% to ₹4,322 crore in the second quarter, compared to ₹3,507 crore in the corresponding quarter of the previous financial year.

The Q2 print further showed that RBL Bank increased its provisioning by around 53% to ₹767 crore in the September quarter of FY27, compared to ₹500 crore in the same quarter of the previous fiscal year.

A bank’s provisions and contingencies also comprise provisions for bad loans, which the lender taps into in case of a sudden increase in bad debt in a particular period. A lender increases or decreases its provisioning based on its expectations of the non-performing assets in the upcoming period.

Asset quality improves

RBL Bank’s latest filings showed that the lender’s gross non-performing assets (NPAs) declined nearly 39% YoY to ₹1,456 crore, in comparison to ₹2,378 crore in the same period a year earlier.

The gross NPAs (%) contracted 130 basis points to 1.02% in the September quarter, from 2.32% in the corresponding quarter a year earlier. Non-performing assets are loans that are left unpaid by the borrowers for a period of 90 days, making them bad debts.

Shares of RBL Bank ended 0.07% lower at ₹417.70 apiece after the stock market session on October 12, compared to ₹418 apiece at the previous equity market close, as per NSE data.

The company's shares are set to be in focus on Tuesday, October 13, as the company announced its Q2 earnings report after market operating hours on Monday.

RBL Bank share performance

NSE data showed that RBL Bank shares have delivered more than 117% returns to investors in the last five years, over 69% returns on their investment in the last three years, and have risen 43% in the past one-year period.

On a year-to-date (YTD) basis, the company’s stock has risen 32% in 2026 and has gained 1.2% in the past one-month period. The exchange data also showed that RBL Bank shares were up 0.2% in the last five market sessions.

Shares of RBL Bank surged to their 52-week high of ₹429.60 apiece on September 23, 2026, while the 52-week low was at ₹279.20 apiece on October 9, 2025.

The bank’s market capitalisation (m-cap) was at ₹64,838 crore as of the stock market close on Monday, October 12, 2026.