Q1 Results 18th July Highlights: Kotak Mahindra, YES Bank drive Q1 with 23%, 34% profit jump; ICICI up 16%, HDFC and IDBI post 5% growth

Several major Indian banks, including Kotak Mahindra, Axis Bank, and HDFC, reported their Q1 financial results for 2026. Most institutions showed significant profit growth, though some sectors faced margin pressures.
Why it matters
Quarterly earnings reports are key indicators of the health of the banking sector and the broader economy in India.
Q 1 Results Today, 18th July 2026 Highlights: 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
Punjab & Sind Bank on Saturday reported an increase of over 23 per cent in its net profit for the three-month period ending June 30 (Q1 of FY27).
Punjab & Sind Bank's Q1 net profit surges over 23% to ₹331 crore, driven by increased advances and reduced NPAs.
Private sector lender Kotak Mahindra Bank on Saturday reported a 26 per cent year-on-year (y-o-y) rise in standalone net profit to ₹4,123 crore for the quarter ended June 30, driven by healthy growth in net interest income (NII) and lower credit costs, even as net interest margins came under pressure.
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