Bandhan Bank announced its results for the quarter ended June 30, 2025 (Q1 FY26), highlighting mixed performance across key financial metrics.
The bank’s net profit fell sharply by 65% year-on-year (YoY) to ₹372 crore compared to ₹1,063 crore in Q1 FY25, even though it recorded a 17% sequential (QoQ) rise from ₹318 crore in Q4 FY25.
Deposits surged 16% YoY to ₹1,54,666 crore, reflecting strong customer confidence, while advances grew 6% YoY to ₹1,33,625 crore. On a sequential basis, advances declined 2%, whereas deposits grew 2%.
Net interest income (NII) for the quarter was ₹2,757 crore, down 8% YoY, while net total income dipped 1% YoY to ₹3,483 crore.
Operating profit came in at ₹1,668 crore, marking a 14% drop YoY, but improving 6% QoQ.
On the asset quality side, the gross NPA ratio increased to 5% from 4.2% in the same quarter last year. The net NPA ratio rose to 1.4% from 1.1% YoY.
Key Highlights of Q1 FY26:
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 | QoQ Growth | YoY Growth |
|---|---|---|---|---|---|
| Advances | ₹1,33,625 cr | ₹1,36,995 cr | ₹1,25,619 cr | -2% | 6% |
| Deposits | ₹1,54,666 cr | ₹1,51,212 cr | ₹1,33,207 cr | 2% | 16% |
| Net Interest Income | ₹2,757 cr | ₹2,756 cr | ₹2,987 cr | 0% | -8% |
| Net Total Income | ₹3,483 cr | ₹3,456 cr | ₹3,533 cr | 1% | -1% |
| Operating Profit | ₹1,668 cr | ₹1,571 cr | ₹1,941 cr | 6% | -14% |
| Net Profit | ₹372 cr | ₹318 cr | ₹1,063 cr | 17% | -65% |
| Gross NPA Ratio | 5.0% | 4.7% | 4.2% | NA | NA |
| Net NPA Ratio | 1.4% | 1.3% | 1.1% | NA | NA |
The management attributed the subdued profitability to higher provisions and weak NII, while maintaining focus on improving asset quality and growing the deposit franchise.
Disclaimer: The information presented is based on unaudited financial statements and public disclosures. This is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor before making any investment decisions.
