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Financial Results for the Quarter/Year ended 31 st March 2025
Net Profit up by 32% YoY at ₹2956 Cr in Mar’25 from ₹2247 Cr in Mar’24
Operating Profit improved by 17% YoY to ₹5019 Cr in Mar’25 from ₹4305 Cr in Mar’24
Net Interest Income increased by 6% YoY to ₹6389 Cr in Mar’25 from ₹6015 Cr in Mar’24
Return on Assets (RoA) up by 22 bps to 1.37% in Mar’25 from 1.15% in Mar’24
Return on Equity (RoE) increased by 195 bps to 21.01% in Mar’25 from 19.06% in Mar’24
Yield on Investments (YoI) increased by 35 bps to 7.23% in Mar’25 from 6.88% in Mar’24
Cost-to-Income Ratio reduced by 294 bps to 45.05% in Mar’25 from 47.99% in Mar’24
Yield on Advances (YoA) stood at 8.64% in Mar’25
Gross Advances increased by 10% YoY to ₹588140 Cr in Mar’25 from ₹533773 Cr in Mar’24
RAM (Retail, Agriculture & MSME) advances grew by 13% YoY to ₹350876 Cr in Mar’25 from ₹309918 Cr in Mar’24
RAM contribution to gross domestic advances stood at 64.23%. Retail, Agri & MSME advances grew by 14%, 14% and 12% YoY respectively. Home Loan (including mortgage) grew by 12% YoY in Mar’25
Priority sector advances as a percentage of ANBC stood at 44% (₹204230 Cr) in Mar’25 as against the regulatory requirement of 40%
Total Deposits increased by 7% YoY and reached to ₹737154 Cr in Mar’25 as against ₹688000 Cr in Mar’24.
Domestic CASA ratio stood at 40.17% as on 31st Mar’25
CD ratio stood at 79.79% as on 31st Mar’25
GNPA% decreased by 86 bps YoY to 3.09% in Mar’25 from 3.95% in Mar’24, NNPA% reduced by 24 bps to 0.19% in Mar’25 from 0.43% in Mar’24
Provision Coverage Ratio (PCR, including TWO) improved by 176 bps YoY to 98.10% in Mar’25 from 96.34% in Mar’24
Slippage Ratio improved by 2 bps to 1.09% in Mar’25 from 1.11% in Mar’24
Capital Adequacy Ratio improved by 150 bps to 17.94%. CET-I improved by 184 bps YoY to 15.36%, Tier-I Capital improved by 182 bps YoY to 15.85% in Mar’25
Earnings Per Share (EPS) increased by 32% to ₹87.78 in Mar’25 from ₹66.73 in Mar’24
Key Highlights (Quarter ended Mar’25 over Dec’24)
Net Profit up by 4% QoQ to ₹2956 Cr in Mar’25 from ₹2852 Cr in Dec’24
Operating Profit improved by 6% QoQ to ₹5019 Cr in Mar’25 from ₹4749 Cr in Dec’24
Cost of Deposit decreased by 8 bps to 5.10% in Mar’25 from 5.18% in Dec’24
NIM (Domestic) stood at 3.48% in Mar’25
GNPA reduced by 17 bps to 3.09% in Mar’25 from 3.26% in Dec’24, NNPA reduced by 2 bps to 0.19% in Mar’25 from 0.21% in Dec’24
Key Highlights (Year ended Mar’25 over Mar’24)
Net Profit up by 35% YoY to ₹10918 Cr in FY25 from ₹8063 Cr in FY24
Operating Profit increased by 13% YoY to ₹18998 Cr in FY25 from ₹16840 Cr in FY24
Net Interest Income grew by 8% YoY to ₹25176 Cr in FY25 from ₹23274 Cr in FY24
Fee based income grew by 7% YoY to ₹3528 Cr in FY25 from ₹3298 Cr in FY24
Net Interest Margin (NIM) Domestic stood at 3.51% in FY25
Yield on Advances (YoA) up by 3 bps to 8.75% in FY25 from 8.72% in FY24
Yield on Investment (YoI) improved by 37 bps to 7.17% in FY25 from 6.80% in FY24
Return on Assets (RoA) improved by 25 bps to 1.32% in FY25 from 1.07% in FY24
Return on Equity (RoE) increased by 152 bps to 20.76% in FY25 from 19.24% in FY24
Cost-to-Income Ratio reduced by 115 bps to 44.77% in FY25 from 45.92% in FY24
Slippage Ratio improved by 38 bps to 1.11% in FY25 from 1.49% in FY24
Credit Cost decreased by 11 bps to 0.66% in FY25 from 0.77% in FY24
Network:
The Bank has 5901 domestic branches (including 3 DBUs), out of which 1992 are Rural, 1555 are Semi-Urban, 1182 are Urban & 1172 are in Metro category. The Bank has 3 overseas branches & 1 IBU (Gift City Branch).
The Bank has 5268 ATMs & BNAs and 14667 Business Correspondents (BCs).
Digital Banking:
Business of ₹1,67,390 Cr has been generated through Digital Channels in FY25. A total of 121 Digital Journeys, Utilities and Processes have been launched so far.
Number of Mobile Banking users has grown by 16% year over year, reaching 1.94 Cr in FY25.
UPI users and Net Banking Users have seen a 25% & 8% YoY increase respectively, reaching 2.18 Cr and 1.15 Cr respectively in the same period.
The Credit Card users increased by 25% YoY to 2.78 lakh. The transactions in Point of Sale (PoS) terminals has increased by 13% YoY, reaching to 128 lakh in FY25.
