The bank reported standalone net profit of Rs 305.92 crore for the quarter ended June 30, 2025 as compared to Rs 264.49 crore in the same period last year, registering a year-on-yearÿgrowthÿof 15.66 per cent.
Interest income of the bank rose by 15.60 per cent at Rs 1605.33 crore for the quarter ended June 30, 2025 as against Rs 1388.64 crore in the corresponding period last year.
During the April-June quarter, total income rose moderately by 16.98 per cent to Rs 1,849.21 crore from Rs 1,580.77 crore in the year ago period.
Meanwhile, operating expenses increased by 15.82 per cent to Rs 1,398.28 crore from Rs 1,207.28 crore in the same period last year.
Operating profit surged 20.73 per cent to Rs 450.92 crore from Rs. 373.49 crore.
Provisions and Contingencies surged by 79.49 per cent at Rs 70.00 crore from Rs 39.00 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 14.70 per cent at Rs 625.29 crore versus Rs 545.17 crore in the year ago period. Non-interest income rose 26.93 per cent year-on-year to Rs 243.88 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.99 per cent of the gross advances as at the end of June 30, 2025 from a level of 3.88 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 1.20 per cent of net advances on June 30, 2025 from 1.87 per cent a year ago.