In the fiscal year 2024–2025, Bandhan Bank’s net profit for the October–December quarter fell 42% to ₹426 crore. Before Friday’s trading session’s results report, shares ended higher.
On Friday, January 31, Bandhan Bank Limited released the results for the October through December quarter. Compared to ₹733 crore in the same period last year, the institutional lender reported a 42% decrease in net profit to ₹426 crore in the third quarter of the fiscal year that ended in 2024–25.
In the third quarter, Bandhan Bank’s net interest income (NII) increased by 17% to ₹5,479 crore from ₹4,665 crore in the same period last year.
Compared to the same period last year, when total expenditures were ₹3,555 crore, the October to December quarter saw a 28% increase to ₹4,553 crore.
Bandhan Bank NPAs:
In the third quarter of FY2024–25, the bank’s gross non-performing assets (NPAs) decreased to 4.68 percent from 7.02% in the same quarter of the prior fiscal year.
According to the company’s disclosures, net non-performing assets (NPAs) decreased to 1.28 percent in the October to December quarter from 2.21 percent in the same period the year before.
Loans that no longer bring in money for the bank or other financial organizations are known as non-performing assets or NPAs. This often occurs when a borrower misses payments on the principal or interest for a while. Official standards provide that a loan must be recorded as a bad loan or non-performing asset (NPA) in the bank’s accounts if the borrower does not make payments within ninety days.
Following Friday’s market closing, Bandhan Bank shares ended the day 2.19 percent higher at ₹151.45, up from ₹148.20 during the previous trading session. The company’s third-quarter results were public on January 31 following the business hours of the stock market.
On February 2, 2024, shares reached their 52-week high of ₹232.50; on January 13, 2025, they fell to their 52-week low of ₹137.05. As of January 31, the market value of Bandhan Bank’s shares was ₹24,398.16.
Over the past five years, Bandhan Bank shares have dropped 65.37 percent; in the previous year, they have lost over 34 percent. The shares are now down 5.21 percent year-to-date (YTD).
