Indian Bank announced Q2FY25 results Net Profit up by 36% YoY at Rs 707 crore in Sep'24 from Rs 988 crore in Sep'23. Operating Profit improved by 10% YoY to Rs 4728 crore in Sep'24 from Rs 4303 crore in Sep'23. Net Interest Income increased by8% YoY to Rs 6194 crore in Sep'24 from RS 5741 crore in Sep’23. Fee based income grew by 11% YoY to Rs 891 crore in Sep'24 from Rs 805 crore in Sep' 23. Return on Assets(RoA) up by 27 bps to 1.33% in Sep’24 from 1.06% in Sep'23. Return on Equity (RoE) increased by 114 bps to 21.04% in Sep’24 from 19.90% in Sep’23. Yield on Advances (YoA) up by 2 bps to 8.77%in Sep'24 from 8.75% in Sep'23. Yield on Investments(Yol)increased by 40 bpsto7.17% in Sep'24 from 6.77% in Sep’23. Gross Advances increased by 12% YoY to Rs 5,50,644 crore in Sep'24 from Rs 4,92,288 crore in Sep’23. RAM (Retail, Agriculture & MSME) advances grew by 14% YoY to Rs 3,25,050 crore in Sep‘24 from Rs 2,85,891 crore in Sep'23. RAM contribution to gross domestic advances stood at 63%. Retail, Agri & MSME advances grew by 15%, 16% and 8% YoY respectively. Home Loan (including mortgage) grew by 14% YoY in Sep’24. Priority sector advances as a percentage of ANBC stood above 44% at Rs 1,88,348 crore in Sep'24 as against the regulatory requirement of 40%. Total Deposits increased by 8% YoY and reached to Rs 6,93,115 crore in Sep’24 as against Rs 6,40,803 crore in Sep'23. Current, Savings & CASA deposits grew by 8%, 4%, and 5% YoY respectively. Domestic CASA ratio stood at 40.47% as on 30th Sep'24. CD ratio stood at 79% as on 30th Sep’24. GNPA decreased by 149 bps YoY to 3.48% in Sep'24 from 4.97% in Sep'23, NNPA reduced by 33 bps to 0.27% in Sep’24 from 0.60% in Sep’23. Provision Coverage Ratio (PCR, including TWO) improved by 196 bps YoY to 97.60% in Sep'24 from 95.64% in Sep'23. Slippage Ratio contained to 1.06%in Sep’24 in comparison to 1.77%in Sep'23. Capital Adequacy Ratio improved by 102 bps to 16.55%. CET-I improved by 144 bps YoY to 13.51%, Tier I Capital improved by 138 bps YoY to 14.01% in Sep’24. Earnings Per Share (EPS) increased to Rs 80.37 in Sep’24 from Rs 63.84 in Sep’23. Result PDF