CSB Bank Reports ₹190 Crore Profit in Q4 Result

29 Apr 2025 , 11:03 PM

CSB Bank Ltd., a Thrissur, Kerala-based private lender, released its quarterly results for the period ended March 31, 2025, with mixed trends on key parameters. The Net Interest Income (NII) of the bank, a measure of core lending business, fell 3.9% over the year to ₹371 crore in Q4 FY25 from the same quarter of the previous year.

While there was a drop in NII, the net profit of CSB Bank for the March quarter increased to ₹190 crore, from ₹151.5 crore reported last year during the corresponding period.

Robust increase in other income had a major impact on the profitability of the bank. Other income jumped to ₹381.5 crore in Q4 FY25, from ₹196.5 crore in the same period last year.

CSB Bank’s asset quality was stable for the January-March 2025 quarter. Gross Non-Performing Assets (GNPA) improved marginally to 1.57% from 1.58% at the end of December 2024.Net Non-Performing Assets (NNPA) also showed an improvement at 0.52% as of March 31, 2025, compared to 0.64% in the last quarter.

Provisions, excluding taxes and contingencies, increased to ₹60.2 crore in Q4 FY25, up from ₹16.5 crore in the December quarter and ₹21.6 crore during the same quarter last year.

Earlier this month, CSB Bank had shared its business update for the March 2025 quarter, highlighting robust growth trends. Total deposits grew by 24% year-on-year and by 10.3% sequentially to ₹36,861 crore at the end of March 2025. Gross advances recorded a robust 29.6% year-on-year growth, crossing ₹31,843 crore in the March 2025 quarter.

Gold loans remained a significant percentage of the loan book of CSB Bank, standing at 44.3% of advances at the close of Q4 FY25, up from 45% in Dec 2024 and 42.3% in the same quarter last year. Omitting gold loans, CSB Bank’s loan book expanded by 25.3% year-on-year to ₹17,749 crore during the March 2025 quarter, indicating a diversified lending book.