<h1>Private bank reports 15.9% profit jump to Rs 13,558 crore despite margin compression</h1> A major private sector bank reported strong financial performance for the June quarter, with consolidated net profit rising 15.9 percent to Rs 13,558 crore compared to Rs 11,696 crore in the previous year. On standalone basis, net profit increased 15.5 percent to Rs 12,768 crore from Rs 11,059 crore year-on-year. Core net interest income grew 10.6 percent to Rs 21,635 crore, while other income excluding treasury operations surged 13.7 percent to Rs 7,264 crore. However, net interest margin compressed to 4.34 percent from 4.41 percent in the previous quarter. Overall provisions increased to Rs 1,815 crore from Rs 1,332 crore year-ago. Asset quality improved significantly with gross non-performing assets ratio declining to 1.67 percent as of June 30 from 2.15 percent a year earlier, indicating better loan portfolio health.