The bank reported standalone net profit of Rs 580.86 crore for the quarter ended June 30, 2025 as compared to Rs 502.57 crore in the same period last year, registering a year-on-yearÿgrowthÿof 15.58 per cent.
Interest income of the bank rose by 16.17 per cent at Rs 4378.44 crore for the quarter ended June 30, 2025 as against Rs 3769.04 crore in the corresponding period last year.
During the April-June quarter, total income rose substantially by 20.26 per cent to Rs 5,189.05 crore from Rs 4,314.70 crore in the year ago period.
Meanwhile, operating expenses increased by 16.54 per cent to Rs 3,876.84 crore from Rs 3,326.57 crore in the same period last year.
Operating profit surged 32.80 per cent to Rs 1,312.21 crore from Rs. 988.13 crore.
Provisions and Contingencies surged by 67.06 per cent at Rs 533.31 crore from Rs 319.24 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 6.46 per cent at Rs 2,044.67 crore versus Rs 1,920.59 crore in the year ago period. Non-interest income rose 48.56 per cent year-on-year to Rs 810.61 crore.
On the asset side, gross non- performing assets (NPAs)ÿroseÿto 2.47 per cent of the gross advances as at the end of June 30, 2025 from a level of 1.78 per cent year earlier. Its net NPAs or bad loans tooÿincreasedÿto 0.88 per cent of net advances on June 30, 2025 from 0.63 per cent a year ago.