Net interest income, the difference between interest earned and interest expended, grew by 38 percent to Rs 1,356.4 crore in Q1 from Rs 981 crore in corresponding period of last fiscal.
Analysts say the stock may react positively if gross non-performing assets remain below 1 percent (0.87 percent in Q4), credit cost below 20 basis points (17 bps in Q4) and net interest margin comes above 3.9 percent (3.94 percent in Q4).