The bank reported standalone net profit of Rs 291.90 crore for the quarter ended March 31, 2025 as compared to Rs 253.06 crore in the same period last year, registering a year-on-yearÿgrowthÿof 15.35 per cent.

Interest income of the bank rose by 7.02 per cent at Rs 1341.68 crore for the quarter ended March 31, 2025 as against Rs 1253.71 crore in the corresponding period last year.

During the January-March quarter, total income rose moderately by 8.78 per cent to Rs 1,542.06 crore from Rs 1,417.61 crore in the year ago period.

Meanwhile, operating expenses increased by 8.28 per cent to Rs 1,138.06 crore from Rs 1,051.06 crore in the same period last year.

Operating profit surged 10.22 per cent to Rs 404.00 crore from Rs. 366.55 crore.

Provisions and Contingencies slipped by 26.85 per cent at Rs 17.22 crore from Rs 23.54 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 0.15 per cent at Rs 567.91 crore versus Rs 567.05 crore in the year ago period. Non-interest income rose 22.26 per cent year-on-year to Rs 200.38 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.25 per cent of the gross advances as at the end of March 31, 2025 from a level of 1.44 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.36 per cent of net advances on March 31, 2025 from 0.85 per cent a year ago.