Q1 2026 BANK RESULTS
📊 Quarterly Performance Report · Private Sector Banks
Results announced on 18 July 2026 · Q1 FY27
🏦 Yes Bank🏦 ICICI Bank🏦 Kotak Mahindra Bank🏦 Axis Bank
Yes Bank
Q1 FY27 · 18 July 2026Net Profit
₹1,071 Cr
▲ 33.7% YoY
Operating Profit
▲ 25.5% YoY
Core earnings growth
NIM
2.7%
▲ 20 bps YoY
GNPA Ratio
1.3%
▼ 30 bps YoY
NNPA Ratio
0.2%
▼ 10 bps YoY
Advances Growth
18.3%
YoY
📈 Key Highlights
- Net Profit: ₹1,071 Cr (▲33.7% YoY)
- NIM at 2.7%, up 20 bps YoY
- Advances Growth: 18.3% YoY
- CASA Growth: 14.3% YoY
- Retail Disbursements: ▲27.5% YoY
- Retail Slippages: Lowest in 10 quarters
🏆 External Validations
- Rating upgrades from Moody's
- Rating upgrades from CARE
- Rating upgrades from ICRA
- Inaugural international rating from S&P Global
“YES Bank has begun FY27 on a strong footing, with Q1 Net Profit growing ~34% Y-o-Y to ₹1,071 Crs. We delivered higher core earnings even as gains from Security Receipts and treasury fell sharply — clear evidence that the underlying franchise is strengthening. Margins held steady at 2.7%, cost-to-income improved further, and asset quality strengthened as slippage eased.”
ICICI Bank
Q1 FY27 · 18 July 2026Net Profit
₹14,804.50 Cr
▲ 16% YoY
NII
₹24,384 Cr
▲ 12.7% YoY
NIM
4.36%
▲ 2 bps YoY
GNPA Ratio
1.38%
Improving
NNPA Ratio
0.35%
Strengthening
Advances Growth
19.6%
YoY
📈 Key Highlights
- Net Profit: ₹14,804.50 Cr (▲16% YoY)
- NII: ₹24,384 Cr (▲12.7% YoY)
- Total Advances: ₹16,31,260 Cr (▲19.6% YoY)
- Retail Loan Portfolio: 49.2% of total book
- Business Banking: ▲28.2% YoY
- Rural Portfolio: ▲35.4% YoY
📋 Board Approvals
- Appointed Mrugank Paranjape as Additional (Independent) Director
- Approved raising up to $2.50 billion through bonds/notes in overseas markets
Kotak Mahindra Bank
Q1 FY27 · 18 July 2026Consolidated Net Profit
₹5,480.46 Cr
▲ 22.5% YoY
Standalone Net Profit
₹4,122.96 Cr
▲ 22.5% YoY
NII
₹7,928.43 Cr
▲ 9% YoY
NIM
4.53%
▼ 12 bps YoY
GNPA Ratio
1.18%
▼ 30 bps YoY
NNPA Ratio
0.27%
▼ 7 bps YoY
📈 Key Highlights
- Operating Profit: ₹6,131 Cr (▲10% YoY)
- Net Advances: ₹5,12,249 Cr (▲15% YoY)
- Total Deposits: ₹5,72,820 Cr (▲12% YoY)
- Fresh Slippages: ▼27% YoY to ₹1,321 Cr
- PCR improved to 78%
- CAR: 22.8% · CET1: 22.4%
📊 Profitability
- Annualized ROA: 2.14%
- Annualized ROE: 11.98%
- Provisions: ₹668 Cr (▼45% YoY)
- CASA Ratio: 40.3%
Axis Bank
Q1 FY27 · 18 July 2026Standalone Net Profit
₹7,114 Cr
▲ 22.5% YoY
NII
₹14,646 Cr
▲ 8% YoY
NIM
3.46%
Steady
GNPA Ratio
1.28%
Improving YoY
NNPA Ratio
0.39%
Improving YoY
Advances Growth
19%
YoY
📈 Key Highlights
- Net Profit: ₹7,114 Cr (▲22.5% YoY)
- NII: ₹14,646 Cr (▲8% YoY)
- Total Advances: ₹12.62 Lakh Cr (▲19% YoY)
- Total Deposits: ▲18% YoY
- Retail Loans: ₹6.76 Lakh Cr (▲8% YoY)
- Voluntary West Asia Provision: ₹2,001 Cr (Maintained)
📊 Asset Quality
- GNPA: ₹17,124 Cr (▼4% YoY)
- NNPA: ₹5,193 Cr
- Provisions: ₹2,223 Cr
- Specific Loan Loss Provisions: ₹2,079 Cr
“This quarter, we continued to invest across these priorities — strengthening digital security, deploying AI to simplify customer journeys, expanding growth platforms and supporting ecosystems that drive economic progress. With these investments, we hope to create enduring value for our customers, stakeholders and the communities we serve.”