UCO Bank Q4 Net profit jumps 24% YoY, Declare 39 paise dividend for FY25

With significant increase in business, profitability, and asset quality, UCO Bank has released a good set of financial results for the quarter and year that concluded on March 31, 2025. As of March 31, 2025, the bank's overall business rose 14.12% year over year to ₹5,13,527 crore. Gross advances increased 17.72% year over year to ₹2,19,985 crore, while total deposits increased 11.56% year over year to ₹2,93,542 crore. 

 Regarding profitability, UCO Bank recorded a net profit of ₹652 crore for the fourth quarter of FY2024–25, which is a noteworthy YoY growth of 23.98% over the ₹526 crore in the same time the previous year. The quarter's operating profit was ₹1,699 crore, up 33.48% year over year from ₹1,273 crore in Q4 of FY2023-24.

The bank also announced a dividend of 3.90% for FY2024-25, which equates to ₹0.39 per equity share.

The RAM (Retail, Agriculture, and MSME) sector performed well, growing by 25.74% year over year to reach ₹1,22,613 crore. In particular, robust demand for home loans and auto loans, which saw growths of 18.13% and 58.99%, respectively, supported retail advances, which increased by 35.09% YoY to ₹54,255 crore. 

 While MSME advances increased by 18.55% YoY, agriculture advances increased by 20.02% YoY. The bank stated that both the gross and net non-performing asset ratios had improved in terms of asset quality. As of March 31, 2025, net NPA improved to 0.50%, a decrease of 39 basis points YoY, while gross NPA was at 2.69%, a decrease of 77 basis points YoY. 96.69% was the Provision Coverage Ratio.

Regarding the bank's network, as of March 31, 2025, UCO Bank had a total of 3,302 domestic branches and two overseas branches in Hong Kong and Singapore, along with a representative office in Iran. 61% of the bank’s branches are in rural and semi-urban areas. Additionally, the bank operates 2,522 ATMs and 10,653 business correspondent points, totaling 16,480 touchpoints.

For the full fiscal year, UCO Bank reported a net profit of ₹2,445 crore, reflecting a 47.80% YoY increase from ₹1,654 crore in FY2023-24. Net Interest Income (NII) also showed strong growth, rising by 23.35% YoY to ₹2,698 crore for Q4 and 18.88% YoY to ₹9,630 crore for the full year.

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Central Bank of India Q4 Profit rises 28%

Central Bank of India reported a 28% year-on-year rise in net profit for the March quarter, coming in at ₹1,033.6 crore compared to ₹807.3 crore a year earlier.

Net interest income (NII) fell 4% year-on-year to ₹3,399 crore from ₹3,541 crore. However, total income, including interest and non-interest income, improved by 7.57% to ₹10,433 crore from ₹9,699 crore in the same period last year.

The lender’s asset quality strengthened notably. Gross non-performing assets (GNPAs) declined to 3.18% from 3.86% in the previous quarter, while net non-performing assets (NNPAs) improved to 0.55% from 0.59% sequentially.

Return on assets (ROA) improved to 0.90% for Q4FY25 compared to 0.76% a year ago, while return on equity (ROE) rose to 13.21% from 11.68% during the same period.

The bank continues to maintain a strong nationwide footprint with 20,915 touchpoints, including 4,545 branches—of which nearly 65% are located in rural and semi-urban areas—as well as 4,085 ATMs and 12,260 banking correspondent points.

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IDBI Bank Q4 Net Profit Up 26%

On Monday, IDBI Bank announced its financial results for the quarter and year ended March 31, 2025. The bank's Q4 2025 net profit increased by 26% to Rs 2,051 crore from Q4 2024's net profit of Rs 1,628 crore. In Q4 2025, IDBI Bank reported net interest income of Rs 3,290 crore, up from Rs 3,688 crore in Q4 2024. The bank's Return on Assets (ROA) climbed from 1.82% in Q4 2024 to 2.11% in Q4 2025, a 29 basis point rise. The cost of funds for IDBI Bank was 4.97% in Q4 2025 as opposed to 4.74% in Q4 2024, and the cost of deposits was 4.83% in Q4 2025 as opposed to 4.48% in Q4 2024.

According to IDBI Bank's FY25 report, its operating profit increased by 16% year over year to Rs 11,079 crore, while its net profit hit an all-time high of Rs 7,515 crore, with YoY growth of 33%. The bank's overall revenue in FY25 exceeded Rs 5 trillion. With a YoY gain of 33 basis points, Return on Equity (ROE) was at 20.15%, and Return on Assets (ROA) was at 1.98%.

While CASA climbed to Rs 1,44,479 crore and the CASA ratio was 46.56% as of March 31, 2025, IDBI Bank said that its total deposits had grown to Rs 3,10,294 crore as of March 31, 2025, from Rs 2,77,657 crore on March 31, 2024. The overall CASA and CASA ratio were at Rs 1,40,027 crore and 50.43%, respectively, as of March 31, 2024.

According to IDBI Bank, net advances climbed by 16% YoY to Rs 2,18,399 crore as of March 31, 2025, from Rs 1,88,621 as of the same period in 2024. The bank's net non-performing asset (NPA) ratio surged to 0.15% from 0.34% on March 31, 2024, while its gross non-performing asset (NPA) ratio improved to 2.98% from 4.53% on March 31, 2025. These improvements indicate a sound asset base. As of March 31, 2025, the bank's Provision Coverage Ratio (including Technical Write-Offs) increased from 99.09% on March 31, 2024, to 99.48%.

"We would like to inform that the Board of Directors have recommended a Dividend of Rs. 2.10 per Equity Share of face value of Rs. 10/- each of the Bank for the financial year ended March 31, 2025. The dividend on equity shares, will be paid/dispatched on or after the same is approved by the shareholders at the ensuing Annual General Meeting (AGM) of the Bank," said IDBI Bank in a stock exchange filing.

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IDFC FIRST Bank net profit decline 58% YoY

IDFC First Bank recorded a net profit for Q4 FY25 of Rs 304 crore, which was 58 percent less than the Rs 724 crore profit for Q4 FY24. The microfinance portfolio's increased provisions associated with stress were the main cause of the decline in profitability. Net profit for the entire fiscal year FY25 was Rs 1,525 crore, a 48.4% decrease from the previous year.

Retail deposits increased by 26.4 percent to Rs 1,91,268 crore, while customer deposits gained a strong 25.2 percent to Rs 2,42,543 crore. At Rs 1,18,237 crore, CASA deposits also showed a robust 24.8 percent year-over-year rise. At 46.9 percent, the CASA ratio held steady and was just slightly lower than 47.2 percent a year earlier.

At Rs 2,41,926 crore, the bank's total loans and advances increased by 20.4% year over year. While the microfinance portfolio shrank by 28.3%, retail, rural, and MSME loans increased 18.6% to Rs 1,97,568 crore.

 

In Q4 of FY25, Net Interest Income (NII) increased 9.8% year over year to Rs 4,907 crore. NII grew 17.3% year over year for the entire year. Due in significant part to the microfinance industry's collapse, the Net Interest Margin (NIM) on AUM decreased 9 basis points sequentially to 5.95 percent in Q4 FY25. The NIM for the entire year was 6.09 percent.

In Q4 of FY25, Fee and Other Income increased by 5.7% year over year to Rs 1,702 crore. The growth in Fee and Other Income for FY25 was 15.2 percent. In Q4, operating expenses increased by 12.2 percent to Rs 4,991 crore, while core operating income increased by 8.7 percent to Rs 6,609 crore. During the quarter, core operating profit was Rs 1,618 crore; for the entire year, it increased 17.2 percent to Rs 7,069 crore. 

Despite sectoral constraints, asset quality metrics stayed consistent. Net non-performing assets (NPA) climbed by 1 basis point to 0.53 percent, while gross non-performing assets (GNPA) improved by 7 basis points sequentially to 1.87 percent. With the microfinance portfolio excluded, the retail, rural, and MSME book's gross non-performing assets (NPA) increased to 1.40%.

At 72.3%, the Provision Coverage Ratio (PCR) was in good health.  For FY25, the total provisions were Rs 5,515 crore, or 2.46 percent of the loan book.  The adjusted credit cost for the year, excluding microfinance and one toll account, was 1.76 percent; in Q4, it improved 9 basis points from the previous quarter to 1.73 percent. In Q4 of FY25, the bank's gross slippages were Rs 2,175 crore, somewhat less than the Rs 2,192 crore in Q3.

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Axis Bank Q4 Net profit marginally declines

Axis Bank on April 24 reported a standalone net profit of Rs 7,118 crore in Q4FY25, marginally lower than Rs 7,130 crore in the corresponding quarter last year. However, the private lender beat estimates due to higher core lending income.The Mumbai-based lender's total income rose 6 percent to Rs 38,022 crore in Q4FY25 as against Rs 35,990 crore in Q4FY24.

According to Moneycontrol's poll, Axis Bank’s profit-after-tax (PAT) was pegged 6% year-on-year lower at Rs 6,710 crore.The lender declared dividend of Re 1 for the year ended March 31, 2025.

The private lender’s standalone interest earned rose 6.9 percent year‑on‑year to Rs 31,242.51 crore in Q4 FY25, up from Rs 29,224.54 crore in Q4 FY24, driven by a 5.3 percent growth in interest on advances to Rs 24,579.59 crore and a 14.1 percent jump in investment income to Rs 6,095 crore.

Consolidated interest earned climbed 7.4 percent to Rs 32,452.32, with advances income up to Rs 25,709.Standalone total income (net interest income plus other income) grew 5.7 percent to Rs 38,022.03, aided by a 0.2 percent uptick in other income to Rs 6,779.52.

Operating expenses rose more modestly with standalone operating expenses increased 5.6 percent to Rs 9,837.69 crore, while consolidated operating expenses increased 4.6 percent to Rs 10,392.28 crore.

Consequently, standalone operating profit (before provisions) edged up 2 percent to Rs 10,752.37 crore, and consolidated operating profit rose 2.1 percent to Rs 11,445.05 crore.Net interest income - the difference between interest earned on loans and paid on deposits - rose 5.5% to Rs 13,811 crore.

Provisions and contingencies, or funds kept aside for potential bad loans, rose 14% year-on-year to Rs 1,359 crore, but fell 37% from a quarter ago.Gross non‑performing assets (NPAs) fell to 1.28 percent of advances from 1.43 percent a year earlier; net NPAs were down to 0.33 percent from 0.35 percent.

Consolidated net provisions similarly eased to Rs 1,550.28 crore from Rs 2,239.98 crore.For the full year FY25, standalone net profit grew 6.1 percent to Rs 26,373.48 crore, on total income of Rs 1,47,934.10 crore and operating profit of Rs 42,104.93 crore.

Consolidated net profit for FY25 was Rs 28,055.11 crore, up 6.3% from FY24’s Rs 26,386.20 crore, on total income of Rs 1,55,916.86 crore and operating profit of Rs 44,888.51 crore.Axis Bank maintained a strong capital adequacy ratio of 17.07 percent (Basel III) and a return on assets of 1.74 percent for the full year.Earnings per share (EPS) for FY25 stood at Rs 85.28 (basic, standalone), compared to Rs 80.67 in FY24.

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Bank of Maharashtra Q4 Net profit rises 23%

Bank of Maharashtra announced a standalone net profit for the fourth quarter of FY25 of Rs 1,493.08 crore on April 25 which is up 22.6 percent from Rs 1,217.67 crore in the same period the previous year. According to the company's investor presentation, the expansion was bolstered by robust interest revenue, well-managed expenditures, and reduced provisioning requirements.

Bank of Maharashtra's net profit for FY25 increased by 36% to Rs 5,519.79 crore from Rs 4,055.03 crore for FY24. While full-year income jumped to Rs 28,401.62 crore from Rs 23,492.56 crore, the quarter's total income increased to Rs 7,711.44 crore from Rs 6,488.25 crore.

The total amount of interest earned in Q4 was Rs 6,730.78 crore. Operating profit rose to Rs 2,519.74 crore in the quarter, compared to Rs 2,209.62 crore in Q4FY24. The operating profit for the entire year was Rs 9,319.03 crore, up from Rs 8,005.34 crore the year before.

The entire amount spent (not including provisions) was Rs 19,082.59 crore for the year and Rs 5,191.70 crore for the quarter. In FY25, other operational expenses totaled Rs 2,358.48 crore, while personnel costs made up Rs 3,442.23 crore.

For the March quarter, provisions (not including taxes) were Rs 983.25 crore, a slight increase above Rs 942.30 crore in the same period last year. Provisions for the entire year decreased marginally from Rs 3,645.87 crore in FY24 to Rs 3,596.55 crore. In FY25, non-performing asset provisioning increased from Rs 2,174.27 crore to Rs 2,417.32 crore.

With regard to asset quality, the bank reported a capital adequacy ratio (CRAR) of 20.53 percent, up from 17.38 percent in FY24; the common equity tier 1 ratio improved to 15.83 percent from 12.50 percent, while additional tier 1 capital stood at 1.03 percent; the bank's net worth increased to Rs 25,880.52 crore from Rs 17,177.58 crore a year earlier; and the gross non-performing asset (GNPA) ratio improved to 1.74 percent as of March 31, 2025, from 1.88 percent a year ago and 1.80 percent in the previous quarter.

The bank’s net worth rose to Rs 25,880.52 crore from Rs 17,177.58 crore a year earlier.Return on assets (non-annualised) improved to 1.75 percent for the year, up from 1.50 percent in FY24. Net profit margin stood at 19.43 percent, while operating margin was 32.81 percent. The board has proposed a final dividend of 15 percent, or Rs 1.50 per share, subject to shareholder approval.

As of March 31, 2025, total deposits stood at Rs 3,07,142.60 crore, up from Rs 2,70,747.17 crore a year earlier. Advances rose to Rs 2,36,083.80 crore from Rs 2,00,239.88 crore in the same period.

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Tentative date of results of Major PSU & Private Banks for Q4FY25

 

Bank	Result Date
Bank of Baroda (BOB)
Bank of India(BOI)
Bank of Maharashtra(BOM)	25th April
Canara Bank	08th May
Central Bank of India	28th April
Indian Bank	03rd May
Indian Overseas Bank(IOB)	02nd May
Punjab & Sind Bank	29th April
Punjab National Bank(PNB)
State Bank of India(SBI)	03rd May
UCO Bank	28th April
Union Bank of India
Axis Bank	24th April
HDFC Bank	19th April
ICICI Bank	19th April
Kotak Mahindra Bank	03rd May
Indusind Bank
IDBI Bank	28th April
IDFC First Bank	26th April
Yes Bank	19th April

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HDFC Bank Q4 Net profit up 7% YoY

India’s largest private sector lender HDFC Bank reported its financial results for the fourth quarter of FY25, posting a 6.7 percent year-on-year rise in standalone net profit to Rs 17,616 crore. The earnings surpassed Street expectations, with analysts projecting a net profit of Rs 17,072 crore, according to a Moneycontrol poll. On a sequential basis, net profit rose by 5.3 percent.

HDFC Bank said its board has recommended a dividend of Rs 22 per share of face value of Rs 1 each for the financial year 2024-25. 

Gross non-performing asset (NPA) ratio of the bank shrunk to 1.33 percent as on March 31, 2025, as compared to 1.42 percent as on December 31, 2024. However, it expanded from 1.24 percent a year ago, showed the stock exchange filings.

Similarly, Net NPA ratio of the bank stood at 0.43 percent in the reporting quarter, as compared to 0.46 percent in a quarter ago period and 0.33 percent previous year.

In absolute terms, gross NPAs fell to Rs 35,222.64 crore as of March 31, 2025, as compared to Rs 36,018.58 crore as on December 31, 2024. It rose from Rs 31,173.32 crore as on March 31, 2024.

Even though the asset quality of the bank has deteriorated, provisions and contingencies for the quarter ended March 31, 2025 stood at Rs 3,190 crore , as as against Rs 13,510 crore for the quarter ended March 31, 2024, according to the release.

Net interest income (interest earned less interest expended) for the quarter ended March 31, 2025 grew by 10.3 percent to Rs 32,070 crore from Rs 29,080 crore for the quarter ended March 31, 2024, release said.

Net interest income of the bank in a quarter ago period stood at Rs 30,650 crore.

Net interest margin was at 3.54 percent on total assets, and 3.73 percent based on interest earning assets. Excluding Rs 700 crore of interest on income tax refund, core net interest margin was at 3.46 percent on total assets, and 3.65 percent based on interest earning assets, release said.

Other income (non-interest revenue) for the quarter ended March 31, 2025 was Rs 12,030 crore. The four components of other income for the reporting quarter were fees & commissions of Rs 8,530 crore, foreign exchange & derivatives revenue of Rs 1440 crore, net trading and mark to market gain of Rs 390 crore and miscellaneous income, including recoveries and dividend of Rs 1,670 crore.

The Bank’s average deposits were grew 15.8 percent on-year to Rs 25.28 lakh crore in January-March quarter. In a year ago period, average deposit of the bank stood at Rs 21.84 lakh crore, and in a quarter ago period it stood at Rs 24.53 lakh crore. On a sequential basis, average deposit of the bank grew just 3.1 percent.

The Bank’s average CASA deposits were Rs 8.3 lakh crore for the March 2025 quarter, a growth of 5.7 percent over Rs 7.85 lakh crore for the March 2024 quarter, and 1.4 percent over Rs 8.18 lakh crore for the December 2024 quarter, release said.

CASA deposits grew by 3.9 percent with savings account deposits at Rs 6.31 lakh crore and current account deposits at Rs 3.14 lakh crore. Time deposits were at Rs 17.70 lakh crore, an increase of 20.3 percent over the corresponding quarter of the previous year, resulting in CASA deposits comprising 34.8 percent of total deposits as of March 31, 2025.

Gross advances were at Rs 26.44 lakh crore as of March 31, 2025, an increase of 5.4 percent over March 31, 2024. Advances under management grew by 7.7 percent over March 31, 2024.

Retail loans grew by 9.0 percent, commercial and rural banking loans grew by 12.8 percent and corporate and other wholesale loans were lower by 3.6 percent. Overseas advances constituted 1.7 percent of total advances.

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