Q1 Results Today Live: Kotak Mahindra, YES Bank drive Q1 with 23%, 34% profit jump; ICICI up 16%, HDFC and IDBI post 5% growth

Q1 Results Today, 18th July 2026 Live Updates: Find all the latest Q1 results 2026 updates of HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Punjab National Bank, IDBI Bank, Yes Bank, J. K. Cement, Punjab and Sind Bank, India Cements and more

HDFC Bank on Saturday reported a 5 per cent increase in standalone net profit to ₹19,060 crore for the June quarter.

HDFC Bank's Q1 profit rises 5% to ₹19,060 crore, despite a decline in total income and improved asset quality.

YES Bank reported that its standalone net profit rose 34 per cent year-on-year to ₹1,071 crore in the June quarter, compared to ₹801 crore in the corresponding period last year, driven by strong deposit growth and pick up in lending.

YES Bank's net profit rises 34% with improved asset quality and strong loan growth, reflecting robust financial health.

IDBI Bank reported a net profit of ₹2,115 crore for the first quarter of FY 2026-27, a 5 per cent increase year-on-year and 9 per cent sequentially, as the Mumbai-based lender continued to improve asset quality and grow its loan book. 

Net Interest Income rose 10 per cent year-on-year to ₹3,486 crore, though it declined 9 per cent from the previous quarter. Net Interest Margin stood at 3.61 per cent. Operating profit for the quarter was ₹2,168 crore.

Loan growth was the standout metric. Net advances grew 22 per cent year-on-year to ₹2,58,968 crore as of June 30, 2026, while total deposits rose 10 per cent to ₹3,25,757 crore. Total business crossed ₹5.84 lakh crore, up 15 per cent over the same period last year. The bank’s retail-to-corporate loan mix stood at 70:30.

Asset quality continued to improve. Gross NPA ratio fell to 2.30 per cent from 2.93 per cent a year ago, and Net NPA declined to 0.16 per cent from 0.21 per cent. Provision Coverage Ratio remained strong at 99.31 per cent, a level the bank has maintained since September 2023.

Capital adequacy strengthened to 26.92 per cent, up 153 basis points year-on-year, with Tier 1 Capital at 26.38 per cent. Return on Assets stood at 1.89 per cent, up 14 basis points quarter-on-quarter.

On the cost side, Cost of Deposits eased to 4.59 per cent from 4.84 per cent a year earlier, and Cost of Funds declined 30 basis points year-on-year to 4.68 per cent.

During the quarter, IDBI Bank received the APY Annual Award of Ultimate Achiever from the Ministry of Finance for Atal Pension Yojana enrolment, launched a nationwide hackathon called IDBI Innovate 2026, and was recognised at the Internal Audit Excellence Awards 2026 for its AI-enabled audit system.

HDFC Bank on Saturday reported a standalone profit after tax of ₹190.6 billion for the first quarter of FY27, up 5 per cent year-on-year, as strong loan and deposit growth offset a sharp decline in non-interest income.

Net interest income grew 6.7 per cent year-on-year to ₹335.3 billion, while net interest margin stood at 3.26 per cent on total assets. However, non-interest income fell 41% year-on-year to ₹128.2 billion, largely due to high transaction gains booked in the year-ago quarter related to the HDB Financial Services IPO. Excluding those one-time gains, the bank said adjusted profit after tax grew approximately 9.8 per cent year-on-year.

Gross advances rose 15.4 per cent year-on-year to ₹30,608 billion at end-June 2026, while average deposits climbed 13.3 per cent year-on-year to ₹30,115 billion. The bank’s CASA ratio, however, declined to 32 per cent from 34 per cent a year earlier, as customers continued to shift toward higher-yielding time deposits.

Asset quality remained broadly stable. The gross non-performing assets ratio stood at 1.17 per cent, or 0.91 per cent excluding agriculture loans. The net NPA ratio held at 0.4 per cent. Total provisions were ₹724 billion, including a contingent buffer of ₹156 billion.

The bank’s capital adequacy ratio stood at 19.6 per cent, with CET1 at 17.4 per cent, well above regulatory requirements. The liquidity coverage ratio averaged 115 per cent for t...