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Indian Bank Declares 32% YoY Jump In Net Profit, Highest Ever Dividend

Indian Bank Declares 32% YoY Jump In Net Profit, Highest Ever Dividend

Public sector undertaking Indian Bank share price will remain in limelight on May 5, 2025 as the PSB declared its Q4 results and financial results today. Indian Bank share price settled on Bombay Stock Exchange (BSE) to Rs 558.10 per share with intraday fall of 1.19%. The public sector bank (PSB) today recommended its highest ever dividend of Rs 16.25 per equity share of the face value of Rs 10.00 per share. The PSB today declared a jump of 32% year-on-year (YoY) in its net profit for Q4FY25 at Rs 2956 crore as against Rs 2247 crore declared in the corresponding quarter of last year. The company also approved capital raising plan of Rs 7,000 crore.

Meanwhile, the bank has a market capitalisation of Rs 75,174.06 crore and its return on equity stood at 15.93%. Indian Bank shares gained 5.35% in last 1-month and offered 7.91% returns year-to-date. Stake of Life Insurance Corporation Of India and its various schemes stood at 2.91% with 39,225,280 shares of the PSU. Check more details below:

Indian Bank Declares 32% YoY Jump In Net Profit, Highest Ever Dividend

Indian Bank Recommended Dividend

According to the BSE filing of Indian Bank dated May 03, 2025, โ€œRecommended dividend of Rs.16.25 per Equity Share i.e @ 162.50 % of paid up Equity Capital of the Bank for the Financial Year 2024-25.โ€

Indian Bank Sets Record Date For Dividend

The regulatory filing added, โ€œThe Record Date for payment of dividend will be Tuesday, the 10th June 2025 (closure of Business Hours). The payment of dividend is subject to the approval of Shareholders at the ensuing Annual General Meeting of the Bank.โ€

Indian Bank To Hold AGM On June 17, 2025

The BSE filing said, โ€œThe 19th Annual General Meeting of shareholders of the Bank will be held on Tuesday, the 17th June, 2025 through Video Conferencing (VC) / Other Audio Visual Means (OAVM).โ€

Indian Bank Approves Capital Raising Plans

As per the regulatory filing of the PSU dated May 03, 2025, โ€œRaising Equity Capital of the Bank aggregating upto Rs.5000 crore (including premium) through various modes viz. QIP/FPO/ Rights Issue or in combination thereof.

(b) Raising AT-1/ Tier-2 Capital aggregating upto Rs.2000 crore through issuance of Basel III Compliant AT-1 Perpetual Bonds / Tier 2 Bonds in one or more tranches during the current or subsequent financial years based on the requirement.โ€

Indian Bank Q4 Results

The Bank declared that its Operating Profit improved by 17% YoY to Rs 5019 Cr for March 25 quarter from Rs 4305 crore in March 24 quarter. Net Interest Income zoomed by 6% YoY to Rs 6389 Cr for Q4FY25 from Rs 6015 Cr in Q4FY24. Return on Assets (RoA) jumped by 22 bps to 1.37% for March 25 quarter from 1.15% for March 24 quarter. Return on Equity (RoE) rallied by 195 bps to 21.01% for Q4FY25 from 19.06% for Q4FY24. Earnings Per Share (EPS) of Indian Bank surged by 32% to Rs 87.78 for Q4FY25 from Rs 66.73 in Q4FY24.

Indian Bank Dividend History

Indian Bank recommended a total of 19 dividends since 2007. In last 1-year, the large cap PSB announced an equity dividend amounting to Rs 12.00 per share.

Indian Bank Shares Performance

The 52-week high of Indian Bank share price on BSE stood at Rs 626.35 per share (as on 03/06/2024) and 52-week low price is Rs 474.05 per share (as on 13/01/2025), respectively. Indian Bank shares declined 2.97% in last 2-weeks, slipped 4.42% in last 6-months, and rallied 1.53% in last 1-year. In last 2-year, the stock gained 69.74% and jumped 246.7% in last 3-years. The stock gained a massive 973.27% in last 5-years.

Disclaimer: The story highlights results, dividend, fundraising and should not be considered as investment advice by the Moneydaily.in or the Author.ย  Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.

Recommended: SBI Q4 Results: Net Profit Slips 10% YoY, Declares Rs 15.90/Sh Dividend

 

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