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On Saturday, May 3, 2025, Indian Bank released the results for the January through March quarter. In the fourth quarter of the 2024–25 fiscal year, the institutional lender's standalone net profits increased by 32% to ₹2,956 crore, up from ₹2,247 crore in the same period the previous year.
In comparison to the same quarter in the previous fiscal year, when interest income was ₹14,624 crore, the PSU bank's interest income for the quarter increased by 8.4% to ₹15,856 crore. In the January to March quarter of the 2024–25 fiscal year, the bank's provisions for bad loans decreased 36% to ₹794.60 crore from ₹1,247.75 crore in the same quarter the previous year.
The gross NPA's also dropped to 3.09 per cent for the fourth quarter of the financial year ended 2024-25, compared to its level of 3.95 per ent in the same period a year ago. This marks an 86 basis point drop in bad loans.
The State-run Indian Bank announced a dividend issue along with its fourth-quarter results on May 3, 2025. The board of directors decided to grant all eligible shareholders a dividend of ₹16.25 per share.
This means all shareholders who qualify under the mentioned criteria will get the dividend issue from the PSU Bank for every share they own.
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