CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: Strong Q4 Performance by Bank in FY 2024–25

In the fourth quarter of FY 2024–25, the bank delivered excellent results. The bank’s total business grew by 14.12% year-on-year, reaching ₹5,13,527 crore. During the same period, gross advances rose by 17.72% to ₹2,19,985 crore and total deposits increased by 11.56% to ₹2,93,542 crore.

Profitability and Returns:

The bank recorded a net profit of ₹652 crore for the quarter ended March 31, 2025, reflecting a 23.98% increase compared to the previous year. For the full financial year, the bank reported an impressive 47.80% growth in net profit, reaching ₹2,445 crore.

Operating profit also saw a strong rise—up by 33.48% for the quarter at ₹1,699 crore and by 31.92% for the full year, totaling ₹6,037 crore.

Robust Growth in RAM (Retail, Agriculture, and MSME) Segment:

The RAM segment posted a 25.74% growth, recording a total business of ₹1,22,613 crore. Retail advances rose by 35.09%, agriculture advances by 20.02%, and MSME advances by 18.55%. Notably, housing loans increased by 18.13% and vehicle loans by 58.99%.

Improved Asset Quality:

The bank showed remarkable improvement in asset quality. Gross NPA declined by 77 basis points to 2.69%, while Net NPA fell by 39 basis points to 0.50%. The Provision Coverage Ratio (PCR) stood at 96.69%.

Other Key Financial Indicators:

The Capital to Risk-Weighted Assets Ratio (CRAR) stood at 18.49%, with Tier-1 capital at 16.37%.

Credit-deposit ratio was 74.94%.

Earnings per share increased to ₹2.04 from ₹1.38 the previous year.

Net Interest Income (NII) rose by 18.88% YoY to ₹9,630 crore.

Dividend and Branch Expansion:

The bank proposed a dividend of ₹0.39 (3.90%) per equity share for FY 2024–25.

As of March 31, 2025, the bank’s network expanded to 3,302 domestic branches and 3 international offices (Hong Kong, Singapore, and Iran). It also operated 2,522 ATMs and 10,653 Business Correspondent Points, totaling 16,480 touchpoints.

Conclusion:

The bank has performed exceptionally across all parameters—business, profitability, asset quality, and expansion—in FY 2024–25. This financial strength sends a positive signal to investors, with continued strong performance expected in the future.

#BankEarnings #Q4Results #AnnualProfit #FinancialPerformance #BankingSector #ProfitGrowth #IndianBanks #EarningsReport #Q4Profit #ProfitSurge