The bank reported standalone net profit of Rs 24.00 crore for the quarter ended March 31, 2025 as compared to Rs 25.21 crore in the same period last year, registering a year-on-yearÿdeclineÿof 4.80 per cent.

Interest income of the bank rose by 27.49 per cent at Rs 52.78 crore for the quarter ended March 31, 2025 as against Rs 41.40 crore in the corresponding period last year.

During the January-March quarter, total income rose substantially by 22.97 per cent to Rs 493.49 crore from Rs 401.30 crore in the year ago period.

Meanwhile, operating expenses increased by 23.35 per cent to Rs 463.79 crore from Rs 376.01 crore in the same period last year.

Operating profit surged 17.44 per cent to Rs 29.70 crore from Rs. 25.29 crore.

Provisions and Contingencies slipped by 0.00 per cent at Rs 0.00 crore from Rs 0.00 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 45.52 per cent at Rs 26.79 crore versus Rs 18.41 crore in the year ago period. Non-interest income rose 22.45 per cent year-on-year to Rs 440.71 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 0.00 per cent of the gross advances as at the end of March 31, 2025 from a level of 0.00 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.00 per cent of net advances on March 31, 2025 from 0.00 per cent a year ago.