Income Statement

		GROUP			BANK
For the year ended December 31,	Note	2025 Rs. ’000	2024 Rs. ’000	Change %	2025 Rs. ’000	2024 Rs. ’000	Change %
Gross income	12	365,180,892	274,506,710	33.03	354,811,337	266,943,645	32.92
Interest income	13.1	301,366,595	275,217,117	9.50	293,614,476	269,596,222	8.91
Less: Interest expense	13.2	160,406,053	157,082,433	2.12	157,320,369	155,037,883	1.47
Net interest income	13	140,960,542	118,134,684	19.32	136,294,107	114,558,339	18.97
Fee and commission income	14.1	42,592,091	34,480,523	23.53	40,958,424	33,246,118	23.20
Less: Fee and commission expense	14.2	13,616,570	10,834,345	25.68	13,462,222	10,716,909	25.62
Net fee and commission income	14	28,975,521	23,646,178	22.54	27,496,202	22,529,209	22.05
Net gains/(losses) from trading	15	272,311	(2,201,010)	112.37	272,311	(2,201,010)	112.37
Net gains/(losses) from derecognition of financial assets	16	2,808,159	(41,016,836)	106.85	2,808,159	(41,016,836)	106.85
Net other operating income	17	18,141,736	8,026,916	126.01	17,157,967	7,319,151	134.43
Other operating income		21,222,206	(35,190,930)	160.31	20,238,437	(35,898,695)	156.38
Total operating income		191,158,269	106,589,932	79.34	184,028,746	101,188,853	81.87
Less: Impairment charges/(reversal) and other losses	18	23,116,497	(62,763,918)	136.83	22,506,115	(63,603,004)	135.39
Net operating income		168,041,772	169,353,850	(0.77)	161,522,631	164,791,857	(1.98)
Less: Expenses
Personnel expenses	19	30,187,082	27,907,458	8.17	28,840,939	26,913,870	7.16
Depreciation and amortisation	20	5,891,690	4,737,203	24.37	5,819,403	4,669,731	24.62
Other operating expenses	21	21,424,226	19,193,697	11.62	19,930,637	18,069,772	10.30
Total operating expenses		57,502,998	51,838,358	10.93	54,590,979	49,653,373	9.94
Operating profit before taxes on financial services		110,538,774	117,515,492	(5.94)	106,931,652	115,138,484	(7.13)
Less: Taxes on financial services	22	17,750,691	19,706,675	(9.93)	17,553,881	19,603,873	(10.46)
Operating profit after taxes on financial services		92,788,083	97,808,817	(5.13)	89,377,771	95,534,611	(6.44)
Share of profit/(loss) of associate, net of tax	37.1	(662)	(460)	(43.91)	–	–	–
Profit before tax		92,787,421	97,808,357	(5.13)	89,377,771	95,534,611	(6.44)
Less: Income tax expense	23	31,849,904	42,121,945	(24.39)	30,890,480	41,461,107	(25.50)
Profit for the year		60,937,517	55,686,412	9.43	58,487,291	54,073,504	8.16
Profit attributable to:
Equity holders of the Bank		60,110,183	55,073,240	9.15	58,487,291	54,073,504	8.16
Non-controlling interest	56	827,334	613,172	34.93	–	–	–
Profit for the year		60,937,517	55,686,412	9.43	58,487,291	54,073,504	8.16
Earnings per share
Basic earnings per ordinary share (Rs.)	24.1	36.86	37.94	(2.85)	35.87	37.25	(3.70)
Diluted earnings per ordinary share (Rs.)	24.1	36.71	37.88	(3.09)	35.72	37.20	(3.98)

The Notes appearing on pages 319 to 470 form an integral part of these Financial Statements.