Indian Bank Q4 Results: Net Profit 32% Rs. Grows on 2956 crores

Kolkata: The state -owned Indian Bank on Saturday increased the fourth quarter in the fourth quarter by 31.6%, compared to Rs 2247 crore in the year ago. 2956 crore.

Its net interest margin for the quarter was 37.3737% for the quarter compared to 44.444% earlier.

The bank board recommended a dividend of Rs 16.25 per equity share for FY 25. This bank’s paid -up is at 162.50% of equity capital. The record date for payment of the dividend will be June 10.

In the year ago, Rs. The bank’s operating paying profit for the quarter increased 17% to 5019 crore compared to the quarter.

Net interest income has increased by Rs 6389 crore annually. Other income is 21% higher 2743 crore.

Living events

      The total non-performing assets ratio in its property quality has dropped by 86 basis points to 3.09% at the end of the financial year, while its provision coverage ratio increased by 176 basis points to 98.10%.

      The total progress of the Chennai-headquarters lenders increased by 10% to 5.88 lakh crore annually at the end of FY25, supporting 13% in retail, agriculture and MSME advances, which contributed 64.23% uniformly to the total portfolio.

      Its total deposits increased 7% to 7.37 lakh crore, of which low cost current and savings account deposits are 40.17%.

      The bank board approved a plan to increase equity capital up to Rs 5,000 crore up to Rs 2000 crore.

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