Indian Bank Q4 Results: Net profit jumps 32% to ₹2,956 crore, board approves ₹16.25/share dividend issue

Indian Bank Q4 Results: Indian Bank announced its January to March quarter results on Saturday, May 3, 2025. The institutional lender recorded a 32 per cent jump in its standalone net profits to ₹2,956 crore in the fourth quarter of the 2024-25 fiscal, compared year-on-year (YoY) with ₹2,247 crore in the same period a year ago.

The PSU bank's interest income for the quarter witnessed an 8.4 per cent rise to ₹15,856 crore, compared year-on-year (YoY) with ₹14,624 crore in the same quarter, the previous financial year.

The bank's provisions for bad loans dropped 36 per cent to ₹794.60 crore in the January to March quarter of the 2024-25 fiscal year, compared to ₹1,247.75 crore in the same quarter a year ago.

The gross NPA's also dropped to 3.09 per cent for the fourth quarter of the financial year ended 2024-25, compared to its level of 3.95 per ent in the same period a year ago. This marks an 86 basis point drop in bad loans.

Indian Bank Dividend

The State-run Indian Bank announced a dividend issue along with its fourth-quarter results on May 3, 2025. The board of directors decided to grant all eligible shareholders a dividend of ₹16.25 per share.

This means all shareholders who qualify under the mentioned criteria will get the dividend issue from the PSU Bank for every share they own.

“Recommended dividend of ₹16.25 per Equity Share i.e @ 162.50% of paid up Equity Capital of the Bank for the Financial Year 2024-25,” said Indian Bank in its BSE filing.

As per the filing data, the company has fixed the “Record Date” for the dividend issue to be on June 10, 2025. The payment of dividends will be up for shareholders' approval at the company's 19th annual general meeting (AGM) on June 17, 2025. 

Indian Bank Share Price

Indian Bank shares closed 1.19 per cent lower at ₹558.10 after Friday's stock market session, compared to ₹564.80 in the previous market close. The company announced its fourth quarter results on Saturday, May 3.

Indian Bank shares have given stock market investors more than 972 per cent returns on their investment in the last five years and 2.32 per cent gains in the last one-year period.

On a year-to-date (YTD) basis, Indian Bank shares have gained 7.55 per cent in 2025. The stock hit its 52-week high level at ₹626.35 on June 3, 2024, while the 52-week low level was at ₹474.05 on January 13, 2025, according to BSE data.

The company's market capitalisation (M-Cap) was at ₹75,174.06 crore as of the stock market close on Friday, May 2, 2025.

Read all Q4 Results news here

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.