RBL Bank Q1 Results: Net profit up 27% YoY to Rs. 254 crores; Emirates NBD ownership boosts growth outlook

RBL Bank reported a 27% year-on-year (YoY) increase in standalone net profit in Q1 of FY27 at Rs. 254 crores. The lender’s management said the recent majority stake acquisition by Emirates NBD has significantly increased the bank’s growth opportunities.

The company’s net interest income, which is the difference between interest earned and interest expense, rose 12% in Q1 FY27 to Rs. 1,654 crore, which in Q1 FY26 was Rs. 1,481 crores. Provisions and contingencies, however, increased by 35% year-on-year during the quarter under review to Rs. 599 crore has been done.

What RBL Bank management said

Last month, Emirates NBD Bank completed the acquisition of its 60% stake in the lender, one of the largest cross-border deals in India’s financial sector. Managing Director and CEO R. Subramaniakumar said ENBD’s global presence has broadened the bank’s addressable market both domestically and internationally.

“After the ENBD acquisition, our opportunities have increased. Our geographic presence has increased, our ability to reach large corporates has improved and we can leverage ENBD’s products, processes and global network. It opens up significant opportunities for us,” Subramaniakumar said during the bank’s Q1 FY27 earnings call.

According to the management, corporate banking, transaction banking and trade finance will be among the key businesses where the bank is expected to benefit from ENBD’s global relationships and operating footprint. It also sees opportunities to serve multinationals and Indian corporates with overseas operations through the promoter’s international network.

Also Read | RBL Bank says Emirates NBD ownership is opening doors for big corporates

RBL Bank Share Price

Shares of RBL Bank on the NSE on Friday fell over 3% in a week to Rs. closed at 368.10. The stock is up nearly 17% so far in 2026.

Over the long term, the company’s shares have delivered over 37% in one year, 62% in three years and 71% in five years. The market capitalization of the company is around Rs. 56,910 crores.

Also Read | HDFC Bank Q1 Results: Net profit up 5% YoY to Rs. 19,060 crore, NII grew by 7%

(Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times)