The bank reported standalone net profit of Rs 503.70 crore for the quarter ended March 31, 2025 as compared to Rs 370.74 crore in the same period last year, registering a year-on-yearÿgrowthÿof 35.86 per cent.

Interest income of the bank rose by 50.93 per cent at Rs 4270.60 crore for the quarter ended March 31, 2025 as against Rs 2829.50 crore in the corresponding period last year.

During the January-March quarter, total income rose substantially by 48.63 per cent to Rs 5,031.27 crore from Rs 3,385.12 crore in the year ago period.

Meanwhile, operating expenses increased by 37.42 per cent to Rs 3,739.01 crore from Rs 2,720.96 crore in the same period last year.

Operating profit surged 94.57 per cent to Rs 1,292.26 crore from Rs. 664.15 crore.

Provisions and Contingencies surged by 379.29 per cent at Rs 635.11 crore from Rs 132.51 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 56.61 per cent at Rs 2,093.93 crore versus Rs 1,337.03 crore in the year ago period. Non-interest income rose 36.90 per cent year-on-year to Rs 760.67 crore.

On the asset side, gross non- performing assets (NPAs)ÿroseÿto 2.28 per cent of the gross advances as at the end of March 31, 2025 from a level of 1.67 per cent year earlier. Its net NPAs or bad loans tooÿincreasedÿto 0.74 per cent of net advances on March 31, 2025 from 0.55 per cent a year ago.