CSB Bank has released its Q2 FY25 financial results, showing a 7% year-on-year (YoY) increase in net interest income (NII) and a 4% YoY rise in net profit.
Key Financial Highlights (YoY):
- Net Interest Income (NII):
- Q2 FY25: ₹367 crore
- Q2 FY24: ₹244.56 crore
- Growth: 7% YoY
- Net Profit:
- Q2 FY25: ₹138 crore
- Q2 FY24: ₹133.17 crore
- Growth: 4% YoY
Other Highlights:
- Total Income: ₹1,064 crore, up 28% YoY
- Gross Advances: ₹26,871 crore, up 20% YoY
- Deposits: ₹31,840 crore, up 25% YoY
- Non-Interest Income: ₹199 crore, up 40% YoY
- Total Business: ₹58,711 crore, up 23% YoY
- Net NPA: 0.69% (Q2 FY25) vs 0.33% (Q2 FY24)
- Capital Adequacy Ratio: 22.74% (Q2 FY25) vs 23.96% (Q2 FY24)
- Return on Assets (ROA): 1.50% (Q2 FY25) vs 1.73% (Q2 FY24)
- Net Interest Margin (NIM): 4.30% (Q2 FY25) vs 4.84% (Q2 FY24)
CSB Bank continues to showcase growth in its income and profitability, despite some tightening in margins and a slight increase in net NPA.
