Indian Bank Reports 23.69% YoY Increase in Net Profit for Q1 FY 2025-26

Indian Bank has reported a 23.69% year-over-year increase in net profit for the first quarter of the financial year 2025-26, which ended on June 30, 2025. The bank's net profit stood at 2973 Cr in Jun’25, up from 2403 Cr in Jun’24. The operating profit improved by 5.97% YoY to 4770 Cr in Jun’25 from 4502 Cr in Jun’24. The net interest income increased by 2.93% YoY to 6359 Cr in Jun’25 from 6178 Cr in Jun’24. The return on assets (RoA) and return on equity (RoE) stood at 1.34% and 20.26%, respectively, in Jun’25. Gross advances increased by 11.50% YoY to 601147 Cr in Jun’25 from 539123 Cr in Jun’24. Total deposits increased by 9.26% YoY to 744289 Cr in Jun’25 as against 681183 Cr in Jun’24. The gross non-performing assets (GNPA) decreased by 76 bps YoY to 3.01% in Jun’25 from 3.77% in Jun’24. The provision coverage ratio (PCR) improved by 154 bps YoY to 98.20% in Jun’25 from 96.66% in Jun’24. The bank's global business volume increased by 10.25% YoY to 313.45 lakh Cr in Jun’25. The bank's digital banking initiatives have also seen significant growth.