Indian Bank Q4 profit surges 32% YoY

Q4 profit surges 32% YoY, board recommends dividends, approves ₹7,000 crore capital raising plan. Indian Bank’s asset quality improved as its gross non-performing asset (GNPA) contracted by 86 bps to 3.09% in the December-March quarter of FY25, as against 3.95% last year. Its net non-performing assets (NNPA) also declined to 0.19%, down 24 bps from 0.43% in Q4FY24. The public sector bank’s asset quality improved as its gross non-performing asset (GNPA) contracted by 86 bps to 3.09% in the December-March quarter of FY25, as against 3.95% last year. Its net non-performing assets (NNPA) also declined to 0.19%, down 24 bps from 0.43% in Q4FY24.