City Union Bank Ltd Q2 FY2024-25 PAT up at Rs. 285.17 crores

City Union Bank Limited has reported Standalone financial results for the period ended September 30, 2024.

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 1160.2663 crores during the period ended September 30, 2024 as compared to Rs. 1580.7735 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 285.1771 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 264.4903 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 3.82 for the period ended September 30, 2024 as compared to Rs. 3.54 for the period ended June 30, 2024.

Financials	Q2 FY2025	Q1 FY2025	% Change
Total Income	₹ 1160.2663 crs	₹1580.7735 crs	-26.60%
Net Profit	₹285.1771 crs	₹264.4903 crs	7.82%
EPS	₹3.82	₹3.54	7.91%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs. 1160.2663 crores during the period ended September 30, 2024 as compared to Rs.1486.1144 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.285.1771 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.280.6125 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.3.82 for the period ended September 30, 2024 as compared to Rs.3.75 for the period ended September 30, 2023.

Financials	Q2 FY2025	Q2 FY2024	% Change
Total Income	₹ 1160.2663 crs	₹1486.1144 crs	-21.93%
Net Profit	₹285.1771 crs	₹280.6125 crs	1.63%
EPS	₹3.82	₹3.75	1.87%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.3241.0398 crores during the 6 Months period ended September 30, 2024 as compared to Rs.2943.7641 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.549.6674 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.507.8788 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.7.37 for the 6 Months period ended September 30, 2024 as compared to Rs.6.80 for the 6 Months period ended September 30, 2023.

Financials	Half Year Ended FY2025	Half Year Ended FY2024	% Change
Total Income	₹3241.0398 crs	₹2943.7641 crs	10.10%
Net Profit	₹549.6674 crs	₹507.8788 crs	8.23%
EPS	₹7.37	₹6.80	8.38%

Asset Quality:

Asset Quality	Q2 FY2025	Q1 FY2025	Q2 FY2024
Gross NPA	₹1725.5001 crs	₹1806.4498 crs	₹2034.6338 crs
Gross NPA %	3.54%	3.88%	4.66%
Net NPA	₹775.0220 crs	₹853.4961 crs	₹998.7294 crs
Net NPA %	1.62%	1.87%	2.34%

Gross NPA was at ₹ 1725.5001 crs in Q2 FY2025 against ₹ 2034.6338 crs in Q2 FY2024. The same was at ₹ 1806.4498 crs in Q1 FY2025.

Net NPA was at ₹ 775.0220 crs in Q2 FY2025 against ₹ 998.7294 crs in Q2 FY2024. The same was at ₹ 853.4961 crs in Q1 FY2025.

GNPA was at 3.54% of Gross advances as on September 30, 2024 as compared to 4.66% as on September 30, 2023 and 3.88% as of June 30, 2024.

Net NPA was at 1.62% of Gross advances as on September 30, 2024 as compared to 2.34% as on September 30, 2023 and 1.87% as of June 30, 2024.

Ratios	Q2 FY2025	Q1 FY2025	Q2 FY2024
RoA %	1.59%	1.51%	1.69%
CAR (BASEL III) %	22.98%	23.58%	22.21%

Return on Average Assets (RoA) is at 1.59% for Q2 FY2025 against 1.51% in Q1 FY2025 and 1.69% in Q2 FY2024.

In Q2 FY2025, Bank's total Capital Adequacy Ratio (CAR) was at 22.98%, as compared to 23.58% in Q1 FY2025 and 22.21% in Q2 FY2024.

Shares of City Union Bank Limited was last trading in BSE at Rs. 150.75 as compared to the previous close of Rs. 154.35. The total number of shares traded during the day was 69721 in over 1015 trades.

The stock hit an intraday high of Rs. 157.95 and intraday low of 150.35. The net turnover during the day was Rs. 10637420.00.

Source : Equity Bulls

Keywords

CityUnionBank Q2FY25 H1FY25 Q2FY2025 H1FY2025 ResultUpdate CUB