RBL Bank Q4 profit tanks 81% to ₹69 cr as provisions spike

RBL Bank on Friday reported an 81 per cent decline in its net profit to ₹69 crore for the fourth quarter of FY25 on an increase in provisions.

The lender had earned a net profit of ₹353 crore in the year-ago period.

During the quarter, the bank’s total income increased to ₹4,476 crore as against ₹4,215 crore a year ago, RBL Bank said in a regulatory filing.

Interest income grew to ₹3,476 crore, during the period under review, from ₹3,339 crore in the corresponding quarter a year ago.

On the asset quality side, the bank’s Gross Non-Performing Assets (NPAs) dropped to 2.6 per cent of gross advances as of March 31, 2025, from 2.65 per cent by the end of March 2024.

Net NPAs also came down to 0.29 per cent of the advances from 0.74 per cent at the end of 2024.

However, provisions and contingencies rose to ₹785 crore compared to ₹414 crore a year ago.

During the financial year 2024-25, the bank’s net profit almost halved to ₹695 crore as against ₹1,168 crore in the previous year. The total income increased to ₹17,845 crore during the financial year as against ₹15,437 crore in the previous year.

The bank’s board has recommended a dividend of ₹1 per share or 10 per cent for the year ended March 31, 2025.

Published on April 25, 2025