The bank reported standalone net profit of Rs 3,551.74 crore for the quarter ended March 31, 2025 as compared to Rs 4133.30 crore in the same period last year, registering a year-on-yearÿdeclineÿof 14.07 per cent.

Interest income of the bank rose by 9.94 per cent at Rs 13529.77 crore for the quarter ended March 31, 2025 as against Rs 12307.06 crore in the corresponding period last year.

During the January-March quarter, total income rose moderately by 9.33 per cent to Rs 16,712.23 crore from Rs 15,285.35 crore in the year ago period.

Meanwhile, operating expenses increased by 14.42 per cent to Rs 11,240.03 crore from Rs 9,823.79 crore in the same period last year.

Operating profit surged 0.19 per cent to Rs 5,472.20 crore from Rs. 5,461.56 crore.

Provisions and Contingencies surged by 244.81 per cent at Rs 909.38 crore from Rs 263.73 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 5.42 per cent at Rs 7,283.57 crore versus Rs 6,909.35 crore in the year ago period. Non-interest income rose 6.86 per cent year-on-year to Rs 3,182.46 crore.

On the asset side, gross non- performing assets (NPAs)ÿroseÿto 1.42 per cent of the gross advances as at the end of March 31, 2025 from a level of 1.39 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.31 per cent of net advances on March 31, 2025 from 0.34 per cent a year ago.