The bank reported standalone net profit of Rs 607.44 crore for the quarter ended June 30, 2025 as compared to Rs 550.96 crore in the same period last year, registering a year-on-yearÿgrowthÿof 10.25 per cent.
Interest income of the bank rose by 6.84 per cent at Rs 6436.01 crore for the quarter ended June 30, 2025 as against Rs 6023.99 crore in the corresponding period last year.
During the April-June quarter, total income rose moderately by 8.36 per cent to Rs 7,433.21 crore from Rs 6,859.42 crore in the year ago period.
Meanwhile, operating expenses increased by 6.01 per cent to Rs 5,870.95 crore from Rs 5,538.19 crore in the same period last year.
Operating profit surged 18.24 per cent to Rs 1,562.26 crore from Rs. 1,321.23 crore.
Provisions and Contingencies surged by 34.29 per cent at Rs 616.06 crore from Rs 458.76 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 6.64 per cent at Rs 2,403.23 crore versus Rs 2,253.56 crore in the year ago period. Non-interest income rose 19.36 per cent year-on-year to Rs 997.20 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.63 per cent of the gross advances as at the end of June 30, 2025 from a level of 3.32 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.45 per cent of net advances on June 30, 2025 from 0.78 per cent a year ago.