Indian Bank Declares ₹16.25 Dividend; Record Date Set for June 10, 2025

Indian Bank has announced a dividend of ₹16.25 per equity share, with the record date for eligibility set as Tuesday, June 10, 2025. This dividend is subject to shareholder approval at the upcoming Annual General Meeting.

Financial Highlights for Q4 FY25

For the quarter ended March 2025, Indian Bank posted robust financial results:

• Net Profit rose 32% year-on-year to ₹2,956 crore, compared to ₹2,247 crore in the same quarter of FY24.
• Operating Profit increased by 17% YoY, reaching ₹5,019 crore from ₹4,305 crore.
• Net Interest Income (NII) stood at ₹6,389 crore, marking a 6% YoY growth from ₹6,015 crore.
• Total Deposits witnessed a 7% rise, amounting to ₹7,37,154 crore as of March 2025, up from ₹6,88,000 crore a year earlier.

Stock Performance

On June 6, 2025, Indian Bank shares (NSE: INDIANB) opened at ₹632.50 and closed at ₹635.50, registering a 0.92% gain. The stock touched an intraday high of ₹639.00 during the session.

About Indian Bank

Established in 1907, Indian Bank operates as a mid-sized financial institution offering a comprehensive suite of banking services. Its business segments include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Services.

Previous Dividend

In FY24, Indian Bank had declared a final dividend of ₹12 per share, with a record date of June 7, 2024. The current ₹16.25 dividend suggests the bank’s intent to offer enhanced shareholder value.

Investors holding Indian Bank shares as of the record date stand to benefit from the declared dividend.

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