Press release on Audited Financial Results of the Bank for the fourth quarter and financial year ended on March 31, 2025
Awaiting price reaction for this filing.
Indian Bank reported a strong set of numbers for Q4 FY25, with net profit rising 32% year-on-year to ₹2,956 crore from ₹2,247 crore in Q4 FY24. Operating profit grew 17% YoY to ₹5,019 crore, and net interest income rose 6% to ₹6,389 crore. For the full year FY25, net profit jumped 35% YoY to ₹10,918 crore, while EPS climbed 32% to ₹87.78. Asset quality improved sharply with gross NPAs falling to 3.09% (from 3.95%) and net NPAs dropping to 0.19% (from 0.43%). Gross advances grew 10% YoY to ₹5.88 lakh crore and total deposits rose 7% to ₹7.37 lakh crore, taking global business to ₹13.25 lakh crore. The bank also improved its capital adequacy ratio to 17.94% and reduced its cost-to-income ratio to 45.05%.
Strong profit growth, improving asset quality, and healthy advances expansion signal operational strength. Retail, agriculture and MSME loans (64% of domestic book) grew 13% YoY, which is positive for shareholders. Lower NPAs and higher capital adequacy provide a cushion for future growth, though investors will watch whether the CASA ratio of 40.17% and credit-deposit ratio of 79.79% remain sustainable.