The bank reported standalone net profit of Rs 23.20 crore for the quarter ended September 30, 2025 as compared to Rs 25.81 crore in the same period last year, registering a year-on-yearÿdeclineÿof 10.11 per cent.
Interest income of the bank rose by 16.66 per cent at Rs 383.61 crore for the quarter ended September 30, 2025 as against Rs 328.83 crore in the corresponding period last year.
During the July-September quarter, total income rose moderately by 9.86 per cent to Rs 418.16 crore from Rs 380.64 crore in the year ago period.
Meanwhile, operating expenses increased by 12.22 per cent to Rs 389.97 crore from Rs 347.51 crore in the same period last year.
Operating profit slipped 14.91 per cent to Rs 28.19 crore from Rs. 33.13 crore.
Provisions and Contingencies surged by 775.44 per cent at Rs 4.99 crore from Rs 0.57 crore a year ago.
NII, the difference between interest earned on loans and interest paid on deposits, increased by 17.49 per cent at Rs 141.96 crore versus Rs 120.83 crore in the year ago period. Non-interest income dipped 33.31 per cent year-on-year to Rs 34.55 crore.
On the asset side, gross non- performing assets (NPAs)ÿfellÿto 3.10 per cent of the gross advances as at the end of September 30, 2025 from a level of 3.82 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 1.12 per cent of net advances on September 30, 2025 from 1.12 per cent a year ago.