Bandhan Bank delivered a robust performance in Q2 FY25, with a significant increase in both Net Interest Income (NII) and Net Profit for the quarter ended September 30, 2024.
Key highlights:
- Net Interest Income (NII) grew to ₹2,948.26 crore, marking a 26.7% YoY increase. This growth was driven by strong interest earned on advances and bills.
- Net Profit saw a substantial rise of 30% YoY, reaching ₹937.44 crore compared to ₹721.17 crore in Q2 FY24, indicating improved profitability.
- Total income for the quarter stood at ₹6,094.53 crore, up from ₹5,032.19 crore in the corresponding period last year.
- Interest earned was reported at ₹5,499.81 crore, showing year-on-year growth from ₹4,491.93 crore.
The strong financial performance in Q2 FY25 reflects Bandhan Bank’s efficient cost management, rising interest income, and continued focus on growing its loan portfolio.
