Several major Indian banks and companies announced their Q1 FY26 earnings today, showcasing a mixed trend in profitability, margins, and asset quality. Here's a comprehensive snapshot:

Yes Bank
Yes Bank posted a robust 59.4% jump in net profit at ₹801 crore as compared to ₹502.4 crore in the same period last year. Net Interest Income (NII) rose 5.7% to ₹2,371.5 crore from ₹2,244 crore. However, the Net Interest Margin (NIM) remained flat at 2.5% on a quarterly basis. Gross slippages increased to ₹1,458 crore from ₹1,223 crore sequentially. The CASA ratio stood at 32.8% versus 34.3% in the previous quarter. Gross NPA remained stable at 1.6%, and Net NPA stood at 0.3%. Provision coverage ratio improved to 80.2%.

AU Small Finance Bank
AU Small Finance Bank reported a 15.6% rise in net profit to ₹580.9 crore from ₹503 crore a year ago. NII increased 6.5% to ₹2,044.6 crore from ₹1,921 crore. Gross NPA rose to ₹2,751.3 crore from ₹2,477 crore sequentially, while Net NPA rose to ₹971.3 crore from ₹791.3 crore. In percentage terms, Gross NPA stood at 2.47% vs 2.28%, and Net NPA at 0.88% vs 0.74% QoQ.

Punjab & Sind Bank
Punjab & Sind Bank posted a strong 48.3% YoY increase in net profit to ₹269.2 crore, up from ₹182 crore. NII rose 5.9% to ₹900.4 crore. Gross NPA came down marginally to 3.34% from 3.38%, and Net NPA improved to 0.91% from 0.96% sequentially.

ICICI Bank
ICICI Bank continued its strong performance with a 15.5% YoY rise in net profit at ₹12,768.2 crore from ₹11,059 crore. NII surged 10.6% to ₹21,634.4 crore. Gross NPA remained flat at 1.67%, while Net NPA rose slightly to 0.41% from 0.39%. Gross NPA amount stood at ₹24,732.7 crore, and Net NPA at ₹5,971 crore.

HDFC Bank
HDFC Bank posted a 12.2% increase in net profit at ₹18,155.2 crore versus ₹16,175 crore YoY. NII was up 5.4% at ₹31,438 crore. Gross NPA stood at ₹37,040.8 crore versus ₹35,222.6 crore sequentially, while Net NPA came in at ₹12,276 crore compared to ₹11,320.4 crore. In percentage terms, Gross NPA rose to 1.40% from 1.33%, and Net NPA increased to 0.47% from 0.43%. Provisions spiked significantly to ₹14,441.6 crore versus ₹3,193 crore in the previous quarter and ₹2,603 crore YoY.

Central Bank of India
The bank reported a 32.8% rise in net profit to ₹1,168.7 crore from ₹880 crore YoY. However, NII declined 4.6% to ₹3,383.2 crore from ₹3,547.8 crore. Asset quality improved, with Gross NPA declining to 3.13% from 3.18% and Net NPA to 0.49% from 0.55%.

JK Cement
JK Cement delivered strong numbers, with net profit jumping 75.5% YoY to ₹324.3 crore from ₹184.8 crore. Revenue grew 19.4% to ₹3,352.5 crore, and EBITDA increased 41.4% to ₹687.6 crore. Margins improved to 20.5% from 17.3%.

Union Bank of India
Union Bank posted a net profit of ₹4,115.5 crore, up 11.9% from ₹3,679 crore YoY. NII, however, dropped 3.2% to ₹9,112.6 crore. Gross NPA declined to ₹34,311.3 crore from ₹35,350.4 crore, and Net NPA to ₹5,874 crore from ₹5,969.3 crore. Gross NPA ratio improved to 3.52% from 3.60%, and Net NPA to 0.62% from 0.63%.

Bandhan Bank
Bandhan Bank saw a sharp 46.2% fall in net profit to ₹200.3 crore from ₹372 crore YoY. NII also declined 12.9% to ₹1,480.6 crore.

RBL Bank
RBL Bank reported mixed asset quality metrics. Gross NPA increased to ₹2,685.9 crore from ₹2,465.47 crore, while Net NPA stood at ₹428.8 crore, up from ₹270.8 crore. Gross NPA ratio rose to 2.78% from 2.60%, and Net NPA to 0.45% from 0.29%. Provisions dropped to ₹442.3 crore from ₹785.14 crore QoQ, but were higher than ₹366 crore YoY.

These results reflect strong profitability trends in large private lenders like ICICI and HDFC Bank, while some PSU banks showed marginal improvement in asset quality. However, banks like Bandhan and RBL faced some pressures on profitability and asset quality.
 

Disclaimer:The information provided in this article is for informational purposes only and is based on publicly available financial results and data. It does not constitute investment advice or a recommendation to buy or sell any stock or financial instrument.