City Union Bank Limited — Board Meeting, 02-05-2025: Outcome of Board Meeting

City Union Bank has announced a board meeting on May 2, 2025, approving the financial results for the quarter and year ended March 31, 2025. Net profit rose to Rs 1123.63 Cr from Rs 1015.73 Cr year-on-year. Operating profit before provisions reached Rs 286 Cr. The Board proposed a dividend of Rs 2 per share (200%) pending shareholder nod. An update in investment accounting added Rs 28.66 Cr to reserves. Asset quality remains steady with gross NPA at 3.09%.