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Net Interest Income (NII) for the March quarter declined 1.4% YoY to Rs 9,442 crore, versus Rs 9,580 crore in Q4FY24.
The bank’s board has recommended a dividend of Rs 4 per share for the financial year 2024-25.
On a sequential basis, profit after tax (PAT) rose 22% from Rs 4,104 crore in Q3FY25, while NII increased 3.2% from Rs 9,149 crore in the October-December quarter.
Interest income for the quarter stood at Rs 31,002 crore, up 7.6% YoY and 2.3% QoQ. Interest expenses were Rs 21,560 crore, rising 12% YoY and 2% QoQ.
Operating profit rose to Rs 8,284 crore, marking a 5.7% QoQ and 12% YoY increase.Provisions declined to Rs 3,280 crore, down 10% YoY and 12% QoQ.Key Financial Highlights
– Global business: Rs 25,30,215 crore in Q4FY25, up 11.32% YoY
– Global deposits: Rs 14,56,883 crore, up 11% YoY
– Gross advances: Rs 10,73,332 crore, up 12% YoY
– Provision Coverage Ratio (PCR): 92.70%, up 360 bps YoY
– Earnings Per Share (EPS): Up 16.98% YoY
– Gross NPA ratio: 2.94%, improved by 129 bps
– Net NPA ratio: 0.70%, improved by 57 bps
– Credit cost: 0.92%, improved by 4 bps
– Slippage ratio: 0.90%, improved by 38 bps
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