The bank reported standalone net profit during the quarter stood at Rs 12.18 crore compared to net loss of Rs 8.00 crore in the previous year quarter.

Interest income of the bank rose by 20.25 per cent at Rs 367.76 crore for the quarter ended June 30, 2025 as against Rs 305.84 crore in the corresponding period last year.

During the April-June quarter, total income rose substantially by 20.45 per cent to Rs 407.06 crore from Rs 337.94 crore in the year ago period.

Meanwhile, operating expenses increased by 9.54 per cent to Rs 373.78 crore from Rs 341.23 crore in the same period last year.

Operating profit surged 1111.55 per cent to Rs 33.28 crore from Rs. -3.29 crore.

Provisions and Contingencies surged by 347.98 per cent at Rs 21.10 crore from Rs 4.71 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 39.25 per cent at Rs 139.10 crore versus Rs 99.89 crore in the year ago period. Non-interest income rose 22.43 per cent year-on-year to Rs 39.30 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 3.22 per cent of the gross advances as at the end of June 30, 2025 from a level of 4.04 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 1.13 per cent of net advances on June 30, 2025 from 1.26 per cent a year ago.