Indian Bank Limited's Board of Directors has declared and approved a dividend of ₹16.25 per equity share.
Indian Bank Limited’s Board of Directors has declared a dividend of ₹16.25 per equity share, subject to shareholders' approval at the upcoming Annual General Meeting. The Record Date for the dividend payment has been set as Tuesday, June 10, 2025 (end of business hours).
For the quarter ended March 2025, the company reported a 32% year-on-year (YoY) increase in net profit, rising to ₹2,956 crore from ₹2,247 crore in March 2024. Operating profit grew by 17% YoY to ₹5,019 crore, up from ₹4,305 crore in the same period last year.
Net Interest Income (NII) also saw a 6% YoY rise, reaching ₹6,389 crore compared to ₹6,015 crore in March 2024. Additionally, total deposits grew by 7% YoY, standing at ₹7,37,154 crore in March 2025, as against ₹6,88,000 crore in March 2024.
On June 6, 2025, Indian Bank share price (NSE: INDIANB) opened at ₹632.50 and closed at ₹635.50, up by 0.92%. The stock price touched its day’s high at ₹639.00.
Founded in 1907, Indian Bank is a mid-sized financial institution offering a range of services, including deposits, loans, and banking operations. Its key business segments comprise Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Services.
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The company's last dividend declaration was a final dividend of ₹12 per share, with a record date of June 7, 2024. With the newly approved interim dividend, shareholders can anticipate continued returns.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 9, 2025, 8:57 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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