Indian Bank Q3FY25 results: Net profit surges 35% to hit Rs 2,852 cr

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State-owned Indian Bank on Wednesday reported a 35 per cent increase in net profit at Rs 2,852 crore for the third quarter ended December 2024, helped by core income.

Its total income increased to Rs 17,912 crore from Rs 16,099 crore a year ago, Indian Bank said in a regulatory filing.

The company's net interest income increased by 10 per cent to Rs 16,415 crore from Rs 15,815 crore in December 2023.

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Category: BusinessFinance

Markets: India

Topics: Provision coverage ratio Profit surge Core income Indian Bank Net interest income Asset quality Capital adequacy ratio Interest income 852 crore Rs 2 Non-performing assets December 2024 results Total income Q3 net profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 16:27:57 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 25603153

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