reported a strong set of numbers in the March quarter as its profit soared 483% YoY to Rs 318 crore as compared to just Rs 55 crore in the year-ago period.
Net interest income (NII) for the fourth quarter however came at Rs 2,756 crore compared to Rs 2,859 crore in Q4FY24, representing a degrowth of 4% YoY.
Operating profit in the reporting period stood at Rs 1,571 crore in the fourth quarter as against Rs 1,838 crore in the same period last year.
The provisions (other than tax) and contingencies charged to the profit and loss for Q4FY25 were lower at Rs 1,260 crore compared to Rs 1,774 crore in Q4FY24.
Asset quality
The collection efficiency for EEB loans was at 97.8% for Q4 FY25, slightly higher than 97.4% in Q3FY25.
Provision coverage ratio (including technical write-offs) as of March 2025 stood at 86.5% versus 84.5% in the previous year. Excluding technical write-off, PCR stands at 73.7%.