RBL Bank Q4FY26 Results: Profit up 234% in 2026

What RBL Bank reported for Q4FY26

RBL Bank announced its audited financial results for the quarter and year ended March 31, 2026, reporting a steep year-on-year rise in profitability. Net profit for Q4FY26 came in at ₹230 crore, up 234% from ₹69 crore in Q4FY25. The bank also disclosed a standalone net profit figure of ₹229.71 crore for the quarter, which aligns with the reported ₹230 crore after rounding. Sequentially, net profit increased from ₹214 crore in Q3FY26, implying 7% quarter-on-quarter growth.

Alongside profit, the quarter was marked by steady expansion in net interest income and fee-led revenue, while operating costs grew at a slower pace. The bank positioned the quarter as one of improving operating trends and strengthening asset quality.

FY26 net profit and the full-year picture

For the full year FY26, RBL Bank reported an 18% rise in net profit to ₹822 crore from ₹695 crore in FY25. A standalone net profit number of ₹822.44 crore for FY26 was also disclosed.

The bank also reported segment revenue figures for FY26, with Retail Banking revenue at ₹1,650.37 crore and Corporate and Wholesale Banking revenue at ₹750.09 crore. These numbers were presented as part of the bank’s audited standalone disclosures.

Board approval and dividend recommendation

The board of directors approved the audited financial results at its meeting held on April 25, 2026. At the same meeting, the board recommended a dividend of ₹1 per equity share (10%), subject to shareholder approval at the upcoming Annual General Meeting. The bank noted the equity share face value as ₹10 each.

The dividend recommendation, while modest in absolute terms, signals management’s intent to share profits with shareholders while continuing to fund balance sheet growth.

Operating performance: NII, fees, and costs

RBL Bank reported net interest income (NII) of ₹1,671 crore in Q4FY26, up 7% year-on-year from ₹1,563 crore in Q4FY25. Net interest margin (NIM) was reported at 4.41% for the quarter. The bank also stated that NIM reduced during the quarter, primarily due to a decrease in yield on advances.

Other income increased 7% year-on-year to ₹1,069 crore. Within this, core fee income rose 9% year-on-year to ₹1,057 crore, indicating that fee-based streams contributed materially to revenue growth.

Operating expenses rose 5% year-on-year to ₹1,785 crore. The cost-to-income ratio improved to 65.1% in Q4FY26 compared to 66.3% in the previous quarter, reflecting some operating leverage.

Advances and deposits: balance sheet growth stays strong

The bank reported net advances of ₹114,232 crore as of March 31, 2026, up 23% year-on-year and 11% quarter-on-quarter. The retail-wholesale advances mix was disclosed at 59:41. Secured retail advances were a highlighted growth driver, rising 36% year-on-year and 17% quarter-on-quarter to ₹40,207 crore.

On the liabilities side, total deposits rose 25% year-on-year and 16% quarter-on-quarter to ₹139,018 crore. CASA deposits increased 23% year-on-year to ₹46,723 crore, with a CASA ratio of 33.6%.

The bank also reported a comfortable credit-deposit (CD) ratio of 82.2% and stated that granular deposits grew 16% during the period referenced in the earnings call commentary.

Asset quality improves, but some stress remains in cards

Asset quality metrics improved meaningfully on a year-on-year basis. Gross non-performing assets (GNPA) ratio declined to 1.45% as of March 31, 2026, from 2.60% a year earlier and 1.88% in the previous quarter. Net NPA ratio stood at 0.39% as of March 31, 2026.

Provision coverage ratio (PCR) including technical write-offs was reported at 94.9%. Another disclosure also cited PCR at 73.6% and 94.9% including technical write-offs, indicating that reporting distinguishes between standard PCR and PCR including technical write-offs.

The bank flagged that credit card slippages remain elevated and contribute significantly to provisioning costs. It also disclosed that it issued 3.3 lakh credit cards during the quarter, with a sequential increase in cards in force.

Capital position and liquidity markers

RBL Bank reported a capital adequacy ratio (CRAR) of 14.25% under Basel III norms as of March 31, 2026.

In the earnings call details provided, total capital was reported at 14.25% and CET1 at 12.8%, compared with 14.9% and 13.45% as of December 31, 2025. The bank also disclosed a credit cost for the quarter at 65 basis points and stated an average LCR for the quarter at 130%.

Strategic update: Emirates NBD partnership approvals

RBL Bank disclosed progress on its strategic partnership with Emirates NBD Bank (P.J.S.C). It stated that it has received approval from the Reserve Bank of India for Emirates NBD to acquire up to 74% of the bank’s paid-up share capital. The transaction is undergoing further statutory approvals, as per the disclosure.

Disclosures, filings, and earnings call access

The bank said it made disclosures in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

In compliance with Regulation 47(1), the bank published the extract of audited financial results in Financial Express (English daily) and Lokmat (Marathi daily) on April 26, 2026. It also submitted documentation to BSE Limited and National Stock Exchange of India Limited under SEBI Listing Regulations.

Company Secretary Niti Arya filed the press release on audited standalone financial results and the investor presentation for Q4FY26 on April 25, 2026. The bank also made available the audio recording of the earnings call held on April 25, 2026 on its website, and stated that the transcript will also be made available.

Key numbers table: Q4FY26, balance sheet, and asset quality

What stands out for investors

Two elements dominate the quarter’s investor narrative: profitability recovery and balance sheet growth. The bank paired the profit jump with double-digit advances growth and even faster deposit growth, while reporting a lower GNPA ratio versus both the previous quarter and the prior year.

At the same time, the disclosures point to pressure points that remain relevant. The bank flagged NIM compression driven by lower yields on advances, and noted that credit card slippages remain elevated. The cost-to-income ratio improved sequentially but remains high at 65.1%, suggesting ongoing work on efficiency.

Conclusion

RBL Bank’s Q4FY26 results showed a sharp year-on-year profit rise to ₹230 crore, supported by higher NII, fee growth, and improved reported asset quality metrics. The board approved audited results on April 25, 2026 and recommended a ₹1 per share dividend, subject to shareholder approval at the AGM.

Near-term investor focus is likely to remain on margin trends, credit card-linked asset quality, and the next steps in statutory approvals related to the Emirates NBD partnership, as the bank continues its regulatory disclosures and post-results communications.