Indian Bank — Board Meeting, 03-05-2025: Outcome of Board Meeting

Indian Bank has announced a board meeting on the financial results for the quarter and half-year. The bank reported a consolidated net profit of Rs 10,994.87 crore for FY25, up from Rs 8,419.41 crore last year, with EPS at Rs 83.61. Total income rose to Rs 72,050.88 crore, driven by an operating profit of Rs 19,101.48 crore. Gross NPA was 3.09%, with a strong PCR of 98.10%. The board approved a dividend of Rs 16.25 per share (162.5% of paid-up capital). Plans are underway to raise Rs 5,000 crore via equity and Rs 2,000 crore through AT-1/Tier-2 bonds to bolster capital.