Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results

Audit Opinion:

The Limited Review Report issued by the Joint Statutory Auditors, M M NISSIM & CO LLP and KKC & Associates LLP, contained an unmodified conclusion. Nothing came to their attention to believe the Statement contains any material misstatement.

Key Financial Highlights [₹ in lakh]:

Standalone Results:

For the quarter ended June 30, 2026 (Unaudited):

  • Revenue from Operations: ₹1,00,237.22
  • Total Income: ₹1,00,237.22
  • Interest Expended: ₹46,148.77
  • Operating Expenses: ₹47,731.71
  • Employees cost: ₹24,062.71
  • Other operating expenses: ₹23,669.00
  • Total Expenditure (excl. provisions): ₹93,880.48
  • Operating Profit before Provisions: ₹6,356.74
  • Provisions (other than tax) and Contingencies: ₹10,898.21
  • Profit before tax: (₹4,541.47) [Loss]
  • Tax expense: (₹1,149.50) [Credit]
  • Net Profit after tax: (₹3,391.97) [Loss of ₹339.20 crore]
  • Paid-up equity share capital: ₹1,77,952.37
  • EPS Basic: (₹0.19)
  • EPS Diluted: (₹0.19)

Comparison with previous periods:

  • Net Profit for Q1 FY26 (June 30, 2025) was a loss of ₹239.48 crore (₹23,948.05 lakh)
  • Net Profit for Q4 FY26 (March 31, 2026) was a loss of ₹188.02 crore (₹18,801.56 lakh)

Analytical Ratios:

  • Capital Adequacy Ratio (CAR): 17.44%
  • Gross NPA: ₹1,16,318.01 lakh
  • Net NPA: ₹52,866.02 lakh
  • % of Gross NPA to Gross Advances: 6.09% (Improved from 11.42% in Q1 FY25 and 7.71% in Q4 FY26)
  • % of Net NPA to Net Advances: 2.86% (Improved from 5.00% in Q1 FY25 and 3.29% in Q4 FY26)
  • Return on Assets: (0.12%)
  • Net Worth: ₹2,20,288.26 lakh
  • Total Debt to Total Assets ratio: 6.49%
  • Debt Equity Ratio: 0.67

Segment-wise Performance [₹ in lakh]:

Segmental Revenue (Q1 FY27):

  • Retail: ₹77,392.74
  • Wholesale: ₹9,274.49
  • Treasury: ₹13,569.99
  • Total Income from Operations: ₹1,00,237.22

Segmental Results (Profit/(Loss) before tax) (Q1 FY27):

  • Retail: (₹2,676.18) [Loss]
  • Wholesale: ₹1,577.39 [Profit]
  • Treasury: (₹3,442.68) [Loss]
  • Total Profit before tax: (₹4,541.47) [Loss]

Segmental Assets (as of June 30, 2026):

  • Retail: ₹15,55,821.56
  • Wholesale: ₹3,30,598.42
  • Treasury: ₹8,55,682.78
  • Unallocated: ₹99,724.52
  • Total Assets: ₹28,41,827.28

Corporate Actions:

The Board did not declare any dividend, share split, bonus issue, or buyback in this meeting.

Other Significant Information:

Employee Stock Option Plan (ESOP) 2020:

  • As of June 30, 2026: 34,32,757 options lapsed; 1,80,80,603 options vested but unexercised; 4,73,54,271 options unvested.
  • During Q1 FY27: 50,000 stock options were granted.

Consolidation:

Not applicable as the Bank has no subsidiary, associate, or joint venture companies.