RBL Bank's net profit soars multifold to ₹213 crore in Q3FY26; GNPA and NNPA improve to 1.8% and 0.5%

Shares of RBL Bank will remain in focus on Monday’s trading session after the bank announced its quarterly earnings on Saturday. The Bank posted a multifold jump in the net profit for the quarter and an overall improvement in the asset quality.

The Kolhapur-based bank reported steady growth in the Q3FY26 interest income at 3.7% YoY and 4.7% sequentially. Similarly, the interest expenses for the quarter jumped slightly by 2.9% YoY and 2.6% QoQ. Consequently, the net interest income jumped 4.6% YoY to ₹1,657 crore as against ₹1,584 crore in the same period last year.

As indicated in their Q3 business updates, the bank’s total deposits stood at ₹119,721 crore (provisional) as of Q3FY26, posting an 12% YoY jump in terms of against ₹106,753 crore as of Q3FY25 and on a QoQ basis, total deposits stood at ₹116,667 crore as of September 30, 2025.

The bank posted a sharp jump of over 5x in the net profit at ₹213 crore in Q3FY26 as against ₹32 crore in the same period last year. The sharp jump was primarily due to 46% drop in the provisions for the quarter. Additionally, the net profit was also impacted by one-time expenses of ₹32 crore due to changes in wages under the new labor codes.

Further, the asset quality of the bank also improved substantially in the quarter, as the GNPA stood at 1.8% vs 2.9% in Q3FY25, and NNPA stood at 0.55%

Its gross advances stood at ₹104,502 crore as of Q3FY26, posting a 13% rise in YoY terms against ₹92,631 crore as of Q3FY25 and on a QoQ basis stood at ₹102,334 crore as of Q2FY26.

The retail advances grew 10% YoY to ₹60,611 crore, while the wholesale advances grew 21% YoY to ₹42,475 crore. The retail: wholesale mix stood at 59:41.

CASA grew 6% to ₹36,972 crore as of Q3FY26, as compared to ₹35,022 crore on a yearly basis. On a quarterly basis, the CASA stood at ₹37,169 crore as of Q2FY26. CASA Ratio stood at 30.9% as of Q3FY26, versus 32.8% as of Q3FY25

Shares of RBL Bank delivered superior returns in 2025 by jumping over 107% in a one-year period as against the 17% returns by the benchmark NIFTY Bank in the same period.