INTEGRATED FILING — BANKING



General information about company

Scrip code 532814
NSE Symbol INDIANB
MSEI Symbol NOTLISTED
ISIN INE562A01011
Name of bank Indian Bank
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 03-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-May-2025   13:30:00
End date and time of board meeting 03-May-2025   14:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2022-03-30
Indicate Company website link for updated RPT policy of the Company https://www.indianbank.in/departments/policies/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 114567500000 448563900000
Income on investments 39035200000 153153900000
Interest on balances with reserve bank of India and other inter bank funds 3870200000 15854300000
Others 1086000000 2449500000
Total interest earned 158558900000 620021600000
2 Other income 27432700000 92234800000
3 Total income 185991600000 712256400000
Expenses
4 Interest expenses 94665500000 368257900000
5 Operating expenses
(i) Employees cost 27013100000 98839800000
(ii) Details of other operating expenses
Description of other operating expenses
1 Other Operating Expenses 14126300000 55176700000
Total other operating Expenses 14126300000 55176700000
Total Operating Expenses 41139400000 154016500000
6 Total expenditure excluding provisions and contingencies 135804900000 522274400000
7 Operating profit before provision and contingencies 50186700000 189982000000
8 Provisions other than tax and contingencies 7946000000 42112700000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 42240700000 147869300000
11 Provision for Tax 12680000000 38686400000
12 Net profit (loss) from ordinary activities after tax 29560700000 109182900000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 29560700000 109182900000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 29560700000 109182900000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 13469600000 13469600000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 607622000000
20 Analytical ratios
(i) Percentage of share held by government of India 73.84 73.84
(ii) Capital adequacy ratio
CET 1 ratio 15.36 15.36
Additional Tier 1 ratio 0.49 0.49
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 21.95 81.06
Diluted earnings per share before extraordinary items 21.95 81.06
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 21.95 81.06
Diluted earnings per share after extraordinary items 21.95 81.06
(iv) NPA Ratios
Amount of gross non-performing assets 181788600000 181788600000
Amount of net non-performing assets 11095600000 11095600000
% of gross NPAs 3.09 3.09
% of net NPAs 0.19 0.19
Return on assets 1.37 1.32
21 Disclosure of notes on financial results by banks Textual Information(1)


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Textual Information(1) Figures of previous periods have been regrouped/ reclassified wherever considered necessary to conform to current period classification. Please refer to the Notes in the PDF filed with Results on Stock Exchanges


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 13469600000
Reserves and surplus 679629800000
Deposits 7371535600000
Borrowings 415079300000
Other liabilities and provisions 254392300000
Total Capital Liabilities 8734106600000
2 ASSETS
Cash and Balances with Reserve Bank of India 319476500000
Balances with Banks and money at call and short notice 229202300000
Investments 2253031200000
Advances 5710711900000
Fixed Assets 88266900000
Other Assets 133417800000
Total Assets 8734106600000
Disclosure of notes on assets and liabilities


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Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 TREASURY OPERATIONS 44191500000 171767900000
2 CORPORATE / WHOLESALE BANKING 60109100000 238577400000
3 RETAIL BANKING 77431200000 291257100000
4 OTHER BANKING OPERATIONS 4259800000 10654000000
Total Segment Revenue 185991600000 712256400000
Less: Inter segment revenue 0 0
Income from operations 185991600000 712256400000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 TREASURY OPERATIONS 15871200000 61366300000
2 CORPORATE / WHOLESALE BANKING 13420500000 54276600000
3 RETAIL BANKING 17012600000 65193300000
4 OTHER BANKING OPERATIONS 3882400000 9145800000
Total Profit before tax 50186700000 189982000000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 7946000000 42112700000
Profit before tax 42240700000 147869300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 TREASURY OPERATIONS 2647537000000 2647537000000
2 CORPORATE / WHOLESALE BANKING 2727924200000 2727924200000
3 RETAIL BANKING 3307843400000 3307843400000
4 OTHER BANKING OPERATIONS 0 0
Total Segment Assets 8683304600000 8683304600000
Un-allocable Assets 50802000000 50802000000
Net Segment Assets 8734106600000 8734106600000
4 Segment Liabilities
Segment Liabilities
1 TREASURY OPERATIONS 2437440400000 2437440400000
2 CORPORATE / WHOLESALE BANKING 2511448400000 2511448400000
3 RETAIL BANKING 3045347800000 3045347800000
4 OTHER BANKING OPERATIONS 0 0
Total Segment Liabilities 7994236600000 7994236600000
Un-allocable Liabilities 739870000000 739870000000
Net Segment Liabilities 7994236600000 7994236600000
Disclosure of notes on segments 1. Segment Revenue and expenses have been apportioned on the basis of Segment assets, wherever direct allocation is not possible. 2. Figures of the previous period have been regrouped/reclassified wherever considered necessary to conform to current period classification. 3. As per RBI Circular DOR . AUT.REC.12/22.01.001/2022-23 daled April 07, 2022 on 'Establishment of Digital Banking Units (DBUs)', for the purpose of disclosure under Accounting Standard 17 -’Segment reporting',’Digital Banking’ has been identified as a sub-segment under Retail Banking by Reserve Bank of India (RBI).Tthe Bank has 3 DBUs. The ’Digital Banking' segment information disclosed pertains to the said DBUs.




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 6000400000
Adjustments for depreciation and amortisation expense 5321500000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 26300000
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow -16900000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 40737800000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 52016500000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -596261500000
Adjustments for decrease (increase) in other current assets -96032300000
Adjustments for increase (decrease) in trade payables 695300000000
Adjustments for increase (decrease) in other current liabilities -29381700000
Adjustments for provisions 0
Total adjustments for working capital -26375500000
Total adjustments for reconcile profit (loss) 25641000000
Net cash flows from (used in) operations 173510300000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 173510300000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 173510300000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 0
Purchase of tangible assets 0
Proceeds from sales of intangible assets 1911400000
Purchase of intangible assets 5225400000
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 26300000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -3287700000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -3287700000
5 Cash flows from used in financing activities
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 20000000000
Dividends paid 16163600000
Interest paid 6471500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items -42635100000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -42635100000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 127587500000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 127587500000
Cash and cash equivalents cash flow statement at beginning of period 421091300000
Cash and cash equivalents cash flow statement at end of period 548678800000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Kailash Chand Jain & Co. Yes 31-Mar-2027
2 M/s S Singhal & Co. Yes 28-Feb-2027
3 M/s G Balu Associates LLP Yes 30-Jun-2025
4 M/s Dass Gupta & Associates Yes 31-Jul-2027
5 M/s Arun K Agarwal & Associates Yes 31-Jul-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 INDIAN BANK UNIVERSAL SOMPO GENERAL INSURANCE CO. LTD. JOINT VENTURE Any other transaction Receiving of Services from Universal Sompo General Insurance Co. Ltd. by the Bank 1900000 NA 1900000 0 0 Textual Information(1)
2 INDIAN BANK UNIVERSAL SOMPO GENERAL INSURANCE CO. LTD. JOINT VENTURE Any other transaction Rendering of Services by the Bank to USGICL 1200000 NA 1200000 0 0
3 INDIAN BANK UNIVERSAL SOMPO GENERAL INSURANCE CO. LTD. JOINT VENTURE Any other transaction Commission received from USGICL 108200000 NA 108200000 19000000 19400000
4 INDIAN BANK ASREC (INDIA) LIMITED JOINT VENTURE Any other transaction Redemption of Existing Security Receipts 68900000 NA 68900000 0 0 Textual Information(2)
5 INDIAN BANK BINOD KUMAR KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 900000 NA 900000 0 0 Textual Information(3)
6 INDIAN BANK MAHESH KUMAR BAJAJ KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 3600000 NA 3600000 0 0
7 INDIAN BANK ASHUTOSH CHOUDHURY KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 3900000 NA 3900000 0 0
8 INDIAN BANK SHIV BAJRANG SINGH KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 2700000 NA 2700000 0 0
9 INDIAN BANK BRAJESH KUMAR SINGH KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 1900000 NA 1900000 0 0
10 INDIAN BANK S.L. JAIN KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 6200000 NA 6200000 0 0 Textual Information(4)
11 INDIAN BANK IMRAN AMIN SIDDIQUI KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 1700000 NA 1700000 0 0
12 INDIAN BANK ASHWANI KUMAR KEY MANAGERIAL PERSONNEL OF THE ENTITY Remuneration 300000 NA 300000 0 0
Total value of transaction during the reporting period 201400000



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Textual Information(1) Transaction amounting to Rs.0.19 crore regarding rendering of services by USGICL to Indian Bank pertains to insurance premium received by USGICL from Indian Bank. USGICL has paid insurance claim of Rs.4.91 lakhs to Indian Bank during the period from Oct 2024 to March 2025
Textual Information(2) During the Half Year period of FY 2024-25 ended 31.03.2025, the Bank has not sold any account to ASREC (India) Ltd. During the said period, the Bank has received an amount of Rs.689 lakh from ASREC (India) Ltd. towards redemption of existing Security Receipts.
Textual Information(3) 1. Being a Listed Bank, the disclosures regarding Related Party Transactions involving Loans, Inter- Corporate Deposits, Advances or Investments made or given by the Bank, is Not Applicable. 2. Para 9 of AS- 18 exempts State Controlled Enterprises from making any disclosure pertaining to their transaction with other state controlled related parties. As such, disclosure regarding Related Party Transactions with Bank’s Subsidiaries (Indbank Merchant Banking Services Ltd., Ind Bank Housing Ltd. and Indbank Global Support Services Ltd.) and Associates (Tamil Nadu Grama Bank, Saptagiri Grameena Bank and Puduvai Bharathiar Grama Bank) is Not Applicable 3. In terms of paragraph 5 of AS 18, transactions in the nature of Banker-Customer relationship have not been disclosed including those with Key Management Personnel and relatives of Key Management Personnel.
Textual Information(4) Shri S.L Jain was MD & CEO upto 31.12.2024. Amount paid to Shri S.L. Jain includes amount paid to him for encashment of leave on separation, gratuity, PF, and Pension communication


Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt