The bank reported standalone net profit of Rs 371.96 crore for the quarter ended June 30, 2025 as compared to Rs 1063.46 crore in the same period last year, registering a year-on-yearÿdeclineÿof 65.02 per cent.

Interest income of the bank declined by 1.09 per cent at Rs 5475.61 crore for the quarter ended June 30, 2025 as against Rs 5535.82 crore in the corresponding period last year.

During the April-June quarter, total income rose marginally by 2.28 per cent to Rs 6,201.49 crore from Rs 6,063.36 crore in the year ago period.

Meanwhile, operating expenses increased by 9.96 per cent to Rs 4,533.09 crore from Rs 4,122.47 crore in the same period last year.

Operating profit slipped 14.04 per cent to Rs 1,668.40 crore from Rs. 1,940.89 crore.

Provisions and Contingencies surged by 119.29 per cent at Rs 1,146.91 crore from Rs 523.00 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, slipped by 8.25 per cent at Rs 2,757.24 crore versus Rs 3,005.03 crore in the year ago period. Non-interest income rose 37.60 per cent year-on-year to Rs 725.88 crore.

On the asset side, gross non- performing assets (NPAs)ÿroseÿto 4.96 per cent of the gross advances as at the end of June 30, 2025 from a level of 4.23 per cent year earlier. Its net NPAs or bad loans tooÿincreasedÿto 1.36 per cent of net advances on June 30, 2025 from 1.15 per cent a year ago.