Net Interest Income (NII) or core income earned by the bank increased by 4.6% from last year to ₹378.5 crore from ₹362 crore.
Net profit for the period also grew 4.7% on a year-on-year basis to ₹118.6 crore from ₹113.3 crore.
Asset quality though saw deterioration on a sequential basis. Gross NPA stood at 1.84% from 1.57% in the March quarter, while Net NPA stood at 0.66% from 0.52% in March.
Provisions for the quarter remained unchanged at ₹60.8 crore from ₹60.2 crore in March.
In its business update disclosed to the exchanges earlier in July, CSB Bank had reported a growth of 20% in overall deposits to ₹35,990 crore, while gross advances had grown by 32% from last year to ₹33,142 crore.
Advances against gold and gold jewellery also increased by 36% year-on-year to ₹14,928 crore.
CASA deposits increased by 14% year-on-year, while term deposits grew by 22% from the year-ago quarter to ₹27,525 crore.
Net Interest Margin (NIMs) for the quarter narrowed to 3.54% from 4.36% in the same quarter last year.
Shares of CSB Bank are trading 5.5% lower after the results announcement at ₹383.95. The stock though, has risen nearly 30% so far in 2025.
First Published: Aug 13, 2025 2:26 PM IST
