The financial performance of a bank for the quarter ending June 2025 has been reported. The net interest income, which is the difference between interest earned and interest expended, increased by 8.4% to Rs 21,634.46 crore. The core operating profit also saw a significant rise of 13.6% to Rs 17,505 crore.
The total standalone income for the quarter was Rs 51,451.81 crore, representing a growth from Rs 45,997.70 crore in the previous year. A notable contributor to this increase was the surge in other income, which jumped from Rs 7,001.92 crore to Rs 8,504.90 crore.
Regarding non-performing assets (NPAs), the bank reported recoveries and upgrades of Rs 3,211 crore, slightly lower than the Rs 3,292 crore achieved in the previous year. However, the net additions to gross NPAs were Rs 3,034 crore, up from Rs 2,624 crore. The bank also wrote off gross NPAs amounting to Rs 2,359 crore. The provisioning coverage ratio, which indicates the bank’s preparedness to handle potential losses from non-performing loans, stood at 75.3%.
As of June 2025, the bank held total provisions of Rs 22,664 crore, or 1.7% of its loans, excluding specific provisions for non-performing loans. On the liabilities side, total deposits grew by 12.8% to Rs 16.08 trillion, while advances increased to Rs 13.64 trillion.
Overall, the bank’s financial performance for the quarter suggests a mix of positive and cautious trends. The growth in net interest income, core operating profit, and total income indicates a strong operational performance. However, the slight increase in net additions to gross NPAs and the write-off of NPAs suggest that the bank still faces challenges in managing its asset quality. The bank’s provisioning coverage ratio and total provisions provide some comfort, but the bank needs to continue monitoring its NPAs closely to maintain its overall financial health.