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News Details

24/07/2025 16:30

Indian Bank Q1 net profit up 23.69% at Rs 2972.82 cr

The bank reported standalone net profit of Rs 2,972.82 crore for the quarter ended June 30, 2025 as compared to Rs 2403.42 crore in the same period last year, registering a year-on-yearÿgrowthÿof 23.69 per cent.

Interest income of the bank rose by 8.27 per cent at Rs 16282.71 crore for the quarter ended June 30, 2025 as against Rs 15039.23 crore in the corresponding period last year.

During the April-June quarter, total income rose moderately by 10.48 per cent to Rs 18,721.31 crore from Rs 16,944.77 crore in the year ago period.

Meanwhile, operating expenses increased by 12.12 per cent to Rs 13,951.03 crore from Rs 12,443.18 crore in the same period last year.

Operating profit surged 5.97 per cent to Rs 4,770.28 crore from Rs. 4,501.59 crore.

Provisions and Contingencies slipped by 45.09 per cent at Rs 691.00 crore from Rs 1,258.38 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 2.93 per cent at Rs 6,358.87 crore versus Rs 6,178.09 crore in the year ago period. Non-interest income rose 27.97 per cent year-on-year to Rs 2,438.60 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 3.01 per cent of the gross advances as at the end of June 30, 2025 from a level of 3.77 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.18 per cent of net advances on June 30, 2025 from 0.39 per cent a year ago.