The general provisions jumped to ₹14,442 crore from ₹2,602 crore within the year-ago interval, the financial institution mentioned, including that this features a floating provision of ₹9,000 crore. File | Photo Credit: Reuters
The lender had reported a web revenue of ₹16,475 crore within the year-ago interval.
On a standalone foundation, the nation’s largest personal sector lender reported a web revenue of ₹18,155 crore for the reporting quarter, up from ₹16,174 crore a yr in the past.
Its whole revenue jumped to ₹99,200 crore within the June quarter from ₹83,701 crore within the year-ago interval.
The whole expenditure stood at ₹63,467 crore towards ₹59,817 crore in the identical interval of the previous fiscal yr, as per an alternate submitting.
The web curiosity margin narrowed to three.35% from 3.46% within the previous quarter, it mentioned.
The general provisions jumped to ₹14,442 crore from ₹2,602 crore within the year-ago interval, the financial institution mentioned, including that this features a floating provision of ₹9,000 crore.
The personal lender additionally authorised its first-ever bonus share challenge on Saturday (July 19, 2025), which means every of its shareholders might be eligible to obtain an additional bonus share for each share held. The date of issuance remains to be to be decided, the financial institution mentioned.
In a bonus challenge, an organization distributes further inventory to shareholders as a proportion of their holdings without charge. It is usually an indication of confidence in monetary efficiency and progress trajectory.
The board has additionally authorised a particular dividend of 5 rupees per share.
Published – July 19, 2025 04:31 pm IST
No Comment! Be the first one.