Mumbai, Jan. 16 -- Net profit after tax rose 9.5% YoY to Rs 374 crore in Q3 FY25, compared with Rs 342 crore in the year-ago period. Profit before tax stood at Rs 504 crore, up 8.8% YoY.
Operating profit increased 10.5% YoY to Rs 584 crore, supported by stable core income and higher other income. Net interest income inched up 1.3% YoY to Rs 881 crore, while other income jumped 18.8% YoY to Rs 486 crore, providing an added boost to profitability.
On the balance sheet front, gross advances grew 11.3% YoY to Rs 96,764 crore, while retail deposits rose 12.8% YoY to Rs 1,15,563 crore. CASA deposits increased 14.7% YoY to Rs 37,640 crore, lifting the CASA ratio to 31.84% from 31.15% a year ago.
Asset quality continued to improve sharply. Gro...
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