The bank also posted a 2% increase in net interest income (NII), which increased to Rs 2,291.98 crore in the June quarter to 2,336.83 crore.
Despite the decline in the bottom line, the lender its second most revenue is Rs. Posts 1,113 crore, which increased 21.6% from the period before the year. The total revenue of the quarter increased by 7.6% annually to Rs. 7,799.61 crore.
“The strength of our diverse model has been confirmed in the quarter,” said KVS Men Nian, Managing Director and CEO of the bank. He noted that “even in soft Q1, we saw key segments like commercial banking, credit cards and gold loans.”
“Our mid-yielding engine is also firing well,” Money said. “We delivered a strong operating petition exhibition, with improvement in productivity. The fee revenue recorded high, and the CASA continued to improve the ratio.”
Deposits in Q1
The total deposits of the bank increased by 8.03% to Rs. 2.87 lakh crore, while net progress increased by 9.24% to Rs. 2.41 lakh crore. Retail advances increased by 15.6% to Rs. 81,047 crore, commercial banking loan increased by 30.3% to Rs. 25,028 crore, and corporate loans increased 4.5% to 83,680 crore.
The bank’s Casa (Current Account and Savings Account) extended the base 12% Yoy to Rs 87,236 crore. The net interest margin for the quarter was 2.94%, while the annual earnings per share came to Rs 14.07.
Property in Q1
The quality of the asset remains stable, with the total non-performing property (NPA) 1.91% and the net NPA 0.48%. Provision Coverage Ratio (Excluding Technical Writing-S Phs) .4 74.1%.
“When credit costs were increased this quarter, they were mostly driven by slippery in Agri and MFI portfolio.” He added, “Based on the current trends, we expect this slippery medium and stable to move forward, thereby normalizing credit costs.”
The capital sufficient ratio for the quarter for the quarter of June 2025 was 16.03%, and the net cost increased by 12.2% yoy to Rs. 33,994 crore. Returns on property (ROA) and equity (ROE) return for quarter 1% and 10.3% respectively.
“With the macro -tailwinds building and our strategic themes traction, it is confident of accelerating growth in the second half while being disciplined on risk and profitability.”
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