Bandhan Bank 10 net income 3.72B rupees, est. 3.24B rupees

Bandhan Bank 10 net income 3.72B rupees, est. 3.24B rupees

Title: Bandhan Bank Reports Sharp Drop in Net Profit for Q1 FY26

Bandhan Bank, a private lender in India, reported a significant decline in its net profit for the first quarter of the current financial year (Q1 FY26). The bank's net profit fell by 65% year-on-year (YoY) to Rs 372 crore, compared to Rs 1,064 crore in the same period last year (Q1 FY25) [1].

The decline in net profit was primarily driven by a sharp 7.7% drop in the bank's net interest income (NII), which slipped to Rs 2,757.2 crore from Rs 2,986.6 crore in Q1 FY25 [1]. The bank's net interest margin (NIM) stood at 6.4% during the quarter, a contraction of 117 basis points year-on-year [2].

Despite the YoY decline, Bandhan Bank's performance showed improvement on a sequential basis. Net profit rose 17% compared to the previous quarter, according to the company's regulatory filing [1]. The bank's net revenue during the June quarter came in at Rs 3,483 crore, slightly lower than Rs 3,533 crore reported in the year-ago period [1].

The bank's net operating profit also declined 14% YoY to Rs 1,668 crore, down from Rs 1,941 crore in Q1 FY25 [1]. Commenting on the performance, Managing Director and CEO Partha Pratim Sengupta said the bank delivered a sequentially improving performance, driven by strong growth in deposits and steady momentum in both retail and wholesale banking [1].

As of June 30, Bandhan Bank's total deposits rose 16% YoY to Rs 1.55 lakh crore from Rs 1.33 lakh crore a year ago [1]. Retail term deposits saw strong growth, rising 34% to Rs 63,661 crore. The share of retail deposits in the total deposit base stood at 68% [1].

Gross advances for the quarter rose 6% to Rs 1.34 lakh crore, compared to Rs 1.26 lakh crore in the year-ago period [1]. The bank's customer base stood at 3.14 crore, supported by a wide distribution network of nearly 6,350 outlets and a workforce of over 73,000 employees [1].

Ahead of the earnings announcement, shares of Bandhan Bank closed 0.11% higher at Rs 185.40 apiece on the National Stock Exchange (NSE) [1].

References
[1] https://www.zeebiz.com/companies/news-bandhan-bank-net-profit-falls-65-percent-nii-net-interest-income-declines-companies-fy-result-373950
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3TF10F:0-india-s-bandhan-bank-quarterly-profit-slumps-on-higher-bad-loan-provisions/