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RBL Bank Ltd Q2 FY26 Results

RBLBANKQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue3.5K1.9%0.7%
Total Income4.4K1.6%0.4%
Expenditure3.7K2.5%128.2%
PBT245.1711.6%19.5%
Net Profit192.4610.2%16.9%
OPM21.23%0.31pp4.90pp
NPM4.33%0.42pp2.23pp
EPS3.1510.5%729.0%
View full financials

RBL Bank Q2 FY26 Results: Net Profit at ₹179 Crore, Advances Cross ₹1 Lakh Crore

18 Oct 2025 · 18 Oct 2025, 07:58 pm

Summary

RBL Bank announced its Q2 FY26 results with a net profit of ₹179 crore, impacted by MTM of ₹44 crore on unlisted equities. Advances crossed ₹1 lakh crore during the quarter, with loan against property book crossing ₹10,000 crore and business banking loans crossing ₹2,000 crore. NII grew 5% QoQ to $1,551 crore, and NIM was at 4.51%. Core fee income grew 17% QoQ to €926 crore. Operating expenses de-grew 5% QoQ to 71,755 crore, and the cost to income ratio was 70.7%. Operating profit grew 4% QoQ to ₹7728 crore. Total deposits grew 8% YoY and 3% QoQ to ₹116,667 crore. Net advances grew 14% YoY and 6% QoQ to ₹1,00,529 crore. GNPA was down 55 bps YoY to 2.32%, and NNPA was down 22 bps YoY to 0.57%. The provision coverage ratio including technical write off was 92.7%.

Key Highlights

  1. 1

    Advances crossed ₹1 lakh crore during the quarter

  2. 2

    Loan Against Property book crossed ₹10,000 crore

  3. 3

    Business Banking Loans crossed ₹2,000 Cr

  4. 4

    NII grew 5% QoQ to $1,551 crore

  5. 5

    NIM at 4.51%

  6. 6

    Core Fee Income grew 17% QoQ to €926 crore

  7. 7

    Operating Expenses de-grew 5% QoQ to 71,755 crore

  8. 8

    Cost to Income ratio was 70.7% in Q2 FY26 vs 72.4% in Q1 FY26

  9. 9

    Operating profit grew 4% QoQ to ₹7728 crore

  10. 10

    Net Advances grew 14% YoY and 6% QoQ to ₹1,00,529 crore

  11. 11

    Retail: Wholesale mix was 60:40

  12. 12

    Secured Retail advances grew 30% YoY and 10% QoQ

  13. 13

    Unsecured Retail de-grew 9% YoY but grew 1% QoQ

  14. 14

    Retail Advances grew by 10% YoY and 6% QoQ to ₹60,131 crore

  15. 15

    Commercial Banking grew faster at 34% YoY and 6% QoQ

  16. 16

    Wholesale advances grew by 22% YoY and 7% QoQ to ₹40,397 crore

  17. 17

    Total Deposits grew 8% YoY and 3% QoQ to ₹116,667 crore

  18. 18

    CASA grew by 3% YoY and 2% QoQ to ₹37,169 crore

  19. 19

    CASA Ratio at 31.9%

  20. 20

    Total capital adequacy was 15.02% as of 30' September 2025 vs 15.59% as of 30' June 2025

  21. 21

    CET 1 is 13.51% as of 30' September 2025 vs 14.05% as of 30' June 2025

  22. 22

    Average LCR for Q2 FY26 was 127%

  23. 23

    GNPA down 55 bps YoY to 2.32%

  24. 24

    NNPA down 22 bps YoY to 0.57%

  25. 25

    Provision Coverage Ratio including technical write off was 92.7%

Management Comments

M

Mr. R Subramaniakumar

MD & CEO, RBL Bank

We have delivered another quarter of stable financial performance; the momentum continues in secured retail and commercial banking on asset side and granular deposits on liability side. The growth in our JLG business is coming back on the back of improving asset quality trends and we expect it to further improve in H2 FY26. During Q2 FY26, slippages in the JLG portfolio have moderated further. The core engine remains robust — anchored in disciplined execution, profitability-driven growth of Balance Sheet, and a sharper cross sell to existing customers.

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