Tamil Nadu based Repco Bank has reported its highest-ever net profit and business performance for the financial year 2024–25, marking a landmark year in the bank’s journey. The bank crossed a business mix of over Rs 21,000 crore and recorded a net profit of Rs 140.41 crore in FY 2024–25.
In the financial results announced by Chairman Sri E. Santhanam, Director Sri C. Thangaraju, and Managing Director Sri O.M. Gokul, the bank revealed a record business mix of Rs 21,146 crore, crossing two significant milestones Rs 20,000 crore in total business and Rs 10,000 crore in advances.
The bank’s deposits stood at Rs 11,011 crore, while advances rose to Rs 10,135 crore, reflecting growth rates of 4% and 12%, respectively. The impressive performance comes on the back of focused growth strategies and robust customer engagement.
Repco Bank’s total income for FY25 reached Rs 1,229 crore, and it posted a net profit of Rs 140.41 crore, the highest in its history, representing a staggering 101% increase over the previous year. The net worth of the bank stood at Rs 948.54 crore as of March 31, 2025.
In recognition of this outstanding performance, the Board of Directors has recommended a 30% dividend for FY 2024–25, also the highest ever in the bank’s history.
In terms of asset quality, the bank demonstrated significant progress. Gross NPAs declined from 8.46% to 6.13%, while Net NPAs fell from 3.67% to 2.13%, owing to aggressive recovery measures and the formation of a Special Recovery Team that helped reduce delinquencies and prevent fresh slippages.
Adding to its accolades, Repco Bank was honoured at the National Cooperative Banking Summit 2024 in Lucknow, winning awards for Best Risk Management Initiative and Best KYC Initiative among cooperative institutions.
Upholding its founding mission of rehabilitating repatriates, the Repatriate Welfare Trust disbursed aid amounting to Rs 14.13 crore across various schemes, benefiting over 56,277 repatriates during the year.
Looking ahead, Managing Director O.M. Gokul stated that the bank aims to achieve a business level of Rs 24,000 crore in FY 2025–26, reaffirming its commitment to sustainable growth with repatriate welfare at its core.
