The bank set aside Rs 677 crore as provisions for the quarter, compared with Rs 1,260 crore in the year-ago period. Gross non-performing assets improved to 3.27% at the end of March from 4.71% a year prior.
Its operating profit for the quarter stood about 8% lower at Rs 1441 crore from Rs 1571 crore earlier, owing to higher staff cost, tech investment and other operating expenses, managing director Partha Pratim Sengupta said.
The bank’s net interest margin however improved to 6.2% from 5.9% in the preceding quarter. The ratio stood at 6.7% in the fourth quarter last year.
“We are making tangible progress in growth and profitability every quarter,” Sengupta said.
The bank reported an annual net profit of Rs 1224 crore as compared with Rs 2745 crore. Its board recommended a 15% dividend for the fiscal, that is Rs 1.50 per equity share having face value of Rs 10 each.
The lender’s loan book grew by 12.6% year-on-year to Rs1.54 lakh crore while the share of unsecured group loans reduced to 23.1% from 26.3% a year prior. The share of overall secured book rose 571 basis points over the past 12 months to 56.2% at the end March.It registered a 10% year-on-year deposit growth to Rs 1.66 lakh crore with the share of the current and savings account (CASA) deposits standing at 29.3% at the end of the reporting period.
Prataap Snacks turns to black, logs Rs 1.14 cr profit
Yellow Diamond chips’ parent, Prataap Snacks, has reported a profit of Rs 1.14 crore in the last quarter of FY26, compared to a loss of Rs 11.9 crore in the same period last fiscal. The company’s revenue climbed 5% to Rs 420 crore, while its EBITDA margin stood at 4.9% in the period.
In FY26, the snack maker’s revenue rose marginally by 1% to Rs 1725 crore, with a profit of Rs 9.7 crore, compared to a loss of Rs 34.3 crore the previous year. Operating EBITDA grew 68% to Rs 81.8 crore over the year.
“The margin improvement was enabled by favourable trends in certain input costs, alongside focused initiatives to enhance operating efficiencies and maintain disciplined cost management,” said Amit Kumat, MD, Prataap Snacks Ltd.