RBL Bank shares tank 9% despite 555% jump in Q3 net profit. What should investors do?
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Shares of private sector lender RBL Bank tanked 9% to their day's low of Rs 297 on BSE on Monday despite reporting a massive 555% increase in its net profit to Rs 214 crore in the third quarter of FY26 compared to Rs 33 crore it reported in the same quarter of the previous financial year. On a quarter-on-quarter basis, the lender reported a 20% increase in profitability. The lender earned an interest income of Rs 1,657 crore, marking a 5% increase from Rs 1,585 crore it posted in the corresponding quarter of the previous year. The company’s NIM or net interest margin was 4.63%, lower by 33 basis points from 4.90% it reported in the third quarter of the previous financial year, the company said in a regulatory filing. Asset quality improved during the quarter, with the gross NPA ratio declining to 1.88% as of December 31, 2025, from 2.32% at the end of September 2025. The net NPA ratio also edged lower to 0.55% from 0.57% over the same...