| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 919.38 | 6.3% |
| Total Income | 1.1K | 7.0% |
| Expenditure | 918.10 | 6.3% |
| PBT | 204.12 | 9.5% |
| Net Profit | 151.63 | 9.6% |
| OPM | — | |
| NPM | 13.32% | 0.31pp |
| EPS | 8.74 | 9.5% |
CSB Bank Ltd Reports 22% YoY Increase in Total Deposits and 26% YoY Growth in Advance (Net) for Q3 FY25
28 Jan 2025 · 28 Jan 2025, 07:58 pm
Summary
CSB Bank Ltd has released its unaudited financial results for the quarter ended December 31, 2024. The bank reported a 22% YoY growth in total deposits, a 26% YoY increase in advance (net), and a 1% YoY rise in profit after tax. The bank's capital adequacy ratio stands at 21.08%, well above the regulatory requirement. Gross non-performing assets are at 1.58% as on 31.12.2024.
Key Highlights
- 1
Total Deposits grew by 22% YoY from 27,345 crore as on 31.12.2023 to 33,407 crore as on 31.12.2024.
- 2
Advance (Net) grew by 26% YoY from 22,658 crore as on 31.12.2023 to 28,639 crore as on 31.12.2024.
- 3
Profit after Tax up by 10% QoQ from 138 crore for Q2 FY25 to 152 crore for Q3 FY25 and up by 1% YoY from 150 crore for Q3 FY24.
- 4
Capital Adequacy Ratio is at 21.08%, which is well above the regulatory requirement.
- 5
Gross non-performing assets were at 1.58% as on 31.12.2024 as against 1.68% as on 30.09.2024 and 1.22% as on 31.12.2023.
Management Comments
Mr. Pralay Mondal
Managing Director & CEO
The quarter gone by witnessed an impressive business growth, out pacing the industry trends, both under deposits and advances... All eyes are on the implementation of the first phase of CBS migration in the bank, which is expected to go live during 1st quarter FY26... The tech enablement is going to help us in delivering consistently and in accelerating it further towards our journey to become a mid-sized bank.”
Informational and educational content only. Not investment advice.