INDIAN BANK Q3 FY25 Results

Summary

Indian Bank has reported a 35% YoY increase in net profit for the third quarter (Q3) of the financial year 2024-25, ending on December 31, 2024. The bank's global business stands at ₹12.61 lakh Cr, marking an 8% YoY growth. The bank also reported a 16% YoY improvement in operating profit and a 10% YoY increase in net interest income.

Key Highlights

1. 1

   Net Profit up by 35% YoY at ₹2852 Cr in Dec’24

2. 2

   Operating Profit improved by 16% YoY to ₹4749 Cr in Dec’24

3. 3

   Net Interest Income increased by 10% YoY to ₹6415 Cr in Dec’24

4. 4

   Return on Assets (RoA) up by 28 bps to 1.39% in Dec’24

5. 5

   Return on Equity (RoE) increased by 108 bps to 21.00% in Dec’24

6. 6

   Gross Advances increased by 10% YoY to ₹559199 Cr in Dec’24

7. 7

   Total Deposits increased by 7% YoY and reached to ₹702282 Cr in Dec’24

8. 8

   GNPA% decreased by 121 bps YoY to 3.26% in Dec’24

9. 9

   Capital Adequacy Ratio improved by 34 bps to 15.92% in Dec’24