City Union Bank Q4 Provisions Increase to ₹780 Million; Interest Earned Reaches ₹15.33 Billion

City Union Bank has reported its fourth quarter ended March 31, 2025, with a net profit of ₹2.88 billion. The bank's performance is marked by a year-on-year growth of 13% in net profit, led by strong growth in core income and enhanced asset quality. Interest income for the quarter was ₹15.33 billion, pointing to strong lending activity and continued demand for credit.

 

Provisions and contingencies for the quarter stood at ₹780 million, reflecting conservative risk management and sustained efforts in preserving asset quality. The bank's gross NPA ratio eased to 3.09%, reflecting improved recovery and credit discipline. Net NPA also came down to 1.25% from 1.97% a year ago.

 

Operating profit of the City Union Bank for the quarter stood at ₹441 million, and the board has announced a dividend of ₹2 per equity share for the shareholders. The management pointed out the landmark of achieving ₹1 lakh crore level of overall business in the financial year with overall deposits and advances reporting consistent growth.

 

With these figures, City Union Bank shows resilience and optimism for the next fiscal year, underpinned by solid fundamentals and better operating efficiency.

 

Source: TradingView