CSB Bank Limited — Updates, 28-04-2025: Press Release

CSB Bank reported robust growth in its audited financial results for the quarter and financial year ending March 31, 2025. Total deposits increased by 24% year-over-year (YoY) to ₹36,861 crore, supported by a CASA ratio of 24%. Net advances surged by 29% YoY to ₹31,507 crore, bolstered by a strong 35% growth in gold loans. Profit after Tax (PAT) rose 26% quarter-over-quarter and YoY to ₹190 crore for Q4 FY25, with a total FY25 PAT of ₹594 crore, a 5% increase compared to the previous year. Operating profit also saw a 17% YoY uplift, reaching ₹910 crore. Non-interest income grew significantly, up 66% YoY for FY25, driven by increased fee income and treasury profits. The cost-to-income ratio improved to 58% for Q4 FY25. Despite economic pressures, the bank's asset quality remained stable, with gross and net non-performing assets at 1.57% and 0.52%, respectively. With a solid capital adequacy ratio of 22.46%, CSB Bank is well-positioned for future growth and operational expansion. Investors should watch closely as the bank transitions to a new Core Banking System, aiming to enhance customer service and profitability.