The board of directors of the company has proposed a final dividend of ₹7.50 per share for the year ended March 31, 2024
Praj informed the bourses that it has also established a Centre of Excellence (CoE) and Innovation for Biopolymers in collaboration with ICT Mumbai.
The growth in revenue was aided by a steep increase in demand for products such as Current Account Savings Account (CASA) and Cash Management Services (CMS)
The net profit of the bank for the last quarter of FY25 was of ₹652 crore, or 23.98% more than that recorded last.
This is the first such announcement by the company in over a period of nine years that the company will be issuing bonus shares.
The Gross Written Premium (GWP) in the March quarter was at ₹2,652 crore, indicating a robust 13.5% rise year-on-year.
Total income of the bank also picked up solidly by 24.03% year on year at ₹1,960.71 crore in Q4 FY25 versus ₹1,580.82 crore in the same quarter last year.
The net profit of CSB Bank for the March quarter increased to ₹190 crore, from ₹151.5 crore reported last year during the corresponding period.
The bank's overall interest and non-interest income increased 7.57% YoY to ₹10,433 crore during the March quarter from ₹9,699 crore a year earlier in the same period.
Here are some of the stocks that may see significant price movement today: Bajaj Finance, BPCL, Praj Industries, etc.

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