Indian bank announces record FY25 profit, dividend, capital raise

Indian Bank (BSE: INDIANB) announced its audited financial results for the fourth quarter and financial year ended March 31, 2025, highlighted by a 35% year-on-year increase in net profit to INR10918 Cr. This performance was supported by improvements in asset quality, with the Gross NPA ratio decreasing to 3.09% and Net NPA ratio falling to 0.19%. The Board has recommended a dividend of INR16.25 per equity share (162.50%). Looking ahead, the Bank's Board approved plans to raise equity capital of up to INR5000 Cr through various modes, including QIP/FPO/Rights Issue, and to raise AT-1/Tier-2 capital of up to INR2000 Cr through bond issuances. Separately, the bank informed of a post-earnings analysts/investors call scheduled for May 3rd, 2025 and has made the audio and video recording available via their website. Indian Bank also announced the superannuation of Shri Ganesaraman A, Chief General Manager (CDO & CLO), effective April 30, 2025. Finally, to correct an error in previous statements, the figure regarding total recovery bifurcation for less than INR1 Cr is INR3396 Cr, instead of INR6730 Cr.