The bank reported standalone net profit of Rs 190.44 crore for the quarter ended March 31, 2025 as compared to Rs 151.46 crore in the same period last year, registering a year-on-yearÿgrowthÿof 25.74 per cent.

Interest income of the bank rose by 23.40 per cent at Rs 980.89 crore for the quarter ended March 31, 2025 as against Rs 794.87 crore in the corresponding period last year.

During the January-March quarter, total income rose substantially by 37.42 per cent to Rs 1,362.36 crore from Rs 991.38 crore in the year ago period.

Meanwhile, operating expenses increased by 36.97 per cent to Rs 1,045.61 crore from Rs 763.38 crore in the same period last year.

Operating profit surged 38.93 per cent to Rs 316.75 crore from Rs. 228.00 crore.

Provisions and Contingencies surged by 178.75 per cent at Rs 60.21 crore from Rs 21.60 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, slipped by 3.82 per cent at Rs 371.27 crore versus Rs 386.03 crore in the year ago period. Non-interest income rose 94.12 per cent year-on-year to Rs 381.47 crore.

On the asset side, gross non- performing assets (NPAs)ÿroseÿto 1.57 per cent of the gross advances as at the end of March 31, 2025 from a level of 1.47 per cent year earlier. Its net NPAs or bad loans tooÿincreasedÿto 0.52 per cent of net advances on March 31, 2025 from 0.51 per cent a year ago.