Bandhan Bank Q4 Results: Bandhan Bank, the Private Sector, Bandhan Bank on Wednesday, April 30, announced a sharp growth in its net profit for the fourth quarter of the financial year 2024-25 (FY25), even if the net interest income has moderated. Bandhan Bank achieved a year-by-year growth of 483% in the net profit from March 2025 to £ 318, compared to £ 55 crore placed at the end of the same quarter last year. The profit rose, even when the net interest income (NII) fell by 4% to £ 2.756 in the first quarter, compared to £ 2,859 crore in the first quarter of FY24. The net income of the bank had a steeper drop of 30% to £ 3.456 crore during the January-March quarter. The operating profit during the quarter that was revised stood at £ 1.571 crore, compared to £ 1.838 crore in the corresponding quarter a year ago. Meanwhile, the net rent margin for the quarter was 6.7%, lower than 6.9% in the December 2024 quarter of FY25. The provisions (other than tax) and contingencies for Q4 FY25 were lower at £ 1.260 crore, compared to £ 1,774 crore in the first quarter of FY24. Deposits and advance the total deposits recorded a 12% growth in FY25 to £ 1.51 Lakh Crore. The figure was at £ 1.35 Lakh Crore in the previous financial year. Casa deposits stood £ 47,437 crore and Casa ratio in the March 2025 quarter. Meanwhile, the gross progress on 31 March 2025 jumped with 1.37 Lakh -Crore with 1.37 Lakh -Crore, compared to £ 1,25 Lakh Crore in the previous year. On a Yoy base, the retail book (except housing) grew by 98%, wholesale banking grew by 35%, and the housing book has a 11% growth (18% yoy excluding IBPC), Bandhan Bank said in an exemption today. The bank’s distribution network spans more than 6.300 outlets, with nearly 75,000 employees more to come … First published: 30 Apr 2025, 05:16 IST
Bandhan Bank Q4 Results: Profit rises 483% yoy to £ 318; The money shooter announces dividend | Einsmark news
