Bandhan Bank reported a 68% jump in fourth-quarter net profit at Rs 534 crore, compared with Rs 318 crore in the year-ago period, backed by improvement in asset quality and lower provisions.

The bank set aside Rs 677 crore as provisions for the quarter, compared with Rs 1,260 crore in the year-ago period. Gross non-performing assets improved to 3.27% at the end of March from 4.71% a year prior.

Its operating profit for the quarter stood about 8% lower at Rs 1441 crore from Rs 1571 crore earlier, owing to higher staff cost, tech investment and other operating expenses, managing director Partha Pratim Sengupta said.

The bank’s net interest margin however improved to 6.2% from 5.9% in the preceding quarter. The ratio stood at 6.7% in the fourth quarter last year.

“We are making tangible progress in growth and profitability every quarter,” Sengupta said.

The bank reported an annual net profit of Rs 1224 crore as compared with Rs 2745 crore. Its board recommended a 15% dividend for the fiscal, that is Rs 1.50 per equity share having face value of Rs 10 each.

The lender’s loan book grew by 12.6% year-on-year to Rs1.54 lakh crore while the share of unsecured group loans reduced to 23.1% from 26.3% a year prior. The share of overall secured book rose 571 basis points over the past 12 months to 56.2% at the end March.It registered a 10% year-on-year deposit growth to Rs 1.66 lakh crore with the share of the current and savings account (CASA) deposits standing at 29.3% at the end of the reporting period.

Prataap Snacks turns to black, logs Rs 1.14 cr profit
Yellow Diamond chips’ parent, Prataap Snacks, has reported a profit of Rs 1.14 crore in the last quarter of FY26, compared to a loss of Rs 11.9 crore in the same period last fiscal. The company’s revenue climbed 5% to Rs 420 crore, while its EBITDA margin stood at 4.9% in the period.

In FY26, the snack maker’s revenue rose marginally by 1% to Rs 1725 crore, with a profit of Rs 9.7 crore, compared to a loss of Rs 34.3 crore the previous year. Operating EBITDA grew 68% to Rs 81.8 crore over the year.

“The margin improvement was enabled by favourable trends in certain input costs, alongside focused initiatives to enhance operating efficiencies and maintain disciplined cost management,” said Amit Kumat, MD, Prataap Snacks Ltd.

Bandhan Bank reported a sharp rebound in profitability for the March quarter, with net profit rising 68% year-on-year (YoY) to Rs 530 crore, supported by lower provisions and improving asset quality. Net interest income (NII) grew marginally by 1% YoY to Rs 2,800 crore, while total income rose 3% to Rs 3,570 crore, indicating a steady but muted topline performance.

The lender’s operating profit declined 8.3% YoY to Rs 1,440 crore, reflecting higher operating expenses, which rose nearly 13% during the quarter. However, a sharp drop in provisions — down over 46% YoY — helped boost bottom-line growth significantly.

On a sequential basis, profit surged 159% QoQ, highlighting normalisation after a weaker December quarter.

Asset quality continued to improve, with gross non-performing assets (GNPA) ratio easing to 3.3% from 4.7% a year ago, while net NPA stood at 1.0%. Credit cost declined sharply to 2.0%, down 195 basis points YoY, reflecting better recoveries and tighter underwriting.

The bank’s loan book remained on a growth trajectory, with gross advances rising 12.6% YoY to Rs 1.54 lakh crore. Deposits increased 10% YoY to Rs 1.66 lakh crore, although CASA ratio declined to 29.3%, indicating some pressure on low-cost deposits.

Retail deposits showed strong traction, growing 17.7% YoY, underscoring the bank’s ongoing shift towards a more granular liability franchise. Meanwhile, the secured loan mix improved to 56.2%, highlighting a calibrated move towards lower-risk assets.

Margins remained under pressure, with net interest margin (NIM) slipping 46 basis points YoY to 6.2%, though it improved sequentially. Return ratios, however, showed improvement, with return on assets (RoA) at 1.1% and return on equity (RoE) at 8.5%, both expanding meaningfully from a year ago.For the full year FY26, Bandhan Bank reported a steep 55% decline in profit to Rs 1,220 crore, reflecting elevated stress and provisioning during earlier quarters, even as the Q4 performance signalled a turnaround.

Operationally, the bank continued to diversify its portfolio beyond its traditional microfinance base, with non-EEB (Emerging Entrepreneurs Business) loans growing nearly 25% YoY and now forming a larger share of the book.

Also read: Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%

The quarter also saw continued improvement in collection efficiency and borrower behaviour, with over 96% of customers classified as full-paying, indicating stabilisation in asset quality trends.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Bandhan Bank posted healthy growth in advances along with steady deposit mobilisation for the quarter ended March 31, 2026, as per its provisional update released on Saturday. The bank’s loans and advances, including on-book and PTC, stood at Rs 1.54 lakh crore at the end of the March quarter, registering a 12.6% year-on-year increase and a 6.2% sequential rise.

Total deposits came in at Rs 1.66 lakh crore, up 10% from a year ago and 6.1% higher on a quarter-on-quarter basis. CASA deposits rose 2.8% year-on-year to Rs 48,751 crore, with the CASA ratio at 29.31% at the end of the quarter.

Retail term deposits saw strong growth, increasing 30.1% year-on-year to Rs 73,796 crore. Overall retail deposits, including CASA, rose 17.7% to Rs 1.22 lakh crore. Bulk deposits declined 6.9% year-on-year to Rs 43,797 crore. Meanwhile, the share of retail deposits in total deposits improved to 73.67% from 68.88% in the same period last year.

The bank reported a liquidity coverage ratio of about 131.76% as of March 31, 2026. Collection efficiency remained robust, with pan-bank efficiency, excluding NPAs, at 98.9% for March 2026, compared to 98.1% in December 2025.

Banking stocks have come under sharp pressure over the past three months, with most lenders underperforming the benchmark Nifty 50 amid a challenging macro backdrop marked by sustained foreign institutional investor (FII) outflows, escalating geopolitical tensions, and a surge in energy prices. Bandhan Bank is down 18% in the last 1 month.

The underperformance comes amid persistent FII selling, which has disproportionately impacted financials due to their heavy weightage in benchmark indices. At the same time, the escalation of the Iran-Israel conflict has triggered a spike in crude oil prices, raising concerns over inflation and delaying expectations of interest rate cuts by global central banks.

The lender has also been in the headlines after The Economic Times reported that Bandhan Financial Services is exploring exit options for its long-term investors, including GIC Ventures and International Finance Corporation.Also read: HDFC Bank Q4 business update: Lender reports 15% YoY growth in deposits, advances jump 12%

The report said the company has appointed Jefferies to assess investor interest, particularly from private equity funds. The move is also in line with regulatory requirements that mandate Bandhan Financial to reduce the promoter’s stake in the bank to 26% by 2030.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Indian benchmark indices ended with strong gains, aided by the RBI’s 50 bps repo rate cut. This marked the third successive positive close for the headline indices. The gains were led by banking, auto, and realty stocks. The Nifty closed above the 25,000 mark after several sessions, reflecting a surge in optimism among market participants.
Commenting on the market move, Rupak De, Senior Technical Analyst at LKP Securities, said, “A rally followed by consolidation often results in an upward breakout, and this time too, we expect Nifty to break out above the recent consolidation range. On the higher side, resistance is placed at 25,150, and a move above this level — or even a sustained close above 25,000 — could set the stage for a rally towards 25,350. On the downside, support is placed at 24,850. A breach below this may weaken the current rally and trigger some profit booking.”

Private sector lender Bandhan Bank on Saturday said its loans and advances grew by 15% year-on-year (YoY) to Rs 133,285 crore as of the quarter ended December 2024, compared to Rs 115,940 crore at the end of the same quarter last fiscal. Quarter-on-quarter (QoQ), loans and advances rose 2% from Rs 130,649 crore as of the quarter ended September 2024.

The bank reported that its total deposits grew by 20.1% YoY to Rs 140,999 crore, though they experienced a slight QoQ decline of 1.1% from Rs 142,510 crore in the previous quarter. Within this, current account and savings account (CASA) deposits increased by 5.5% YoY to Rs 44,735 crore but decreased by 5.4% QoQ. The CASA ratio now stands at 31.7%, down from 36.1% a year earlier.

The lender’s retail deposits, including CASA, rose by 15.7% YoY to Rs 96,795 crore, maintaining stability with a 0.2% QoQ increase. Bulk deposits saw a significant 31% YoY growth to Rs 44,204 crore but declined by 3.7% QoQ.

The proportion of retail deposits to total deposits is currently at 68.6%, compared to 71.3% in the same period last year.

The bank’s Liquidity Coverage Ratio (LCR) stands at about 164.6% as of December 31, 2024, indicating a strong liquidity position. Collection efficiency for the quarter was reported at 97.6%, with Emerging Entrepreneurs Business (EEB) at 97.4% and non-EEB segments at 98.3%.

Earlier in October, the company reported consolidated sales of Rs 6,094.53 crore for the quarter ending September 2024, reflecting a marginal 0.51% increase from Rs 6,063.36 crore in the previous quarter and a robust 21.11% growth compared to Rs 5,032.19 crore in the same quarter last year.Bandhan Bank shares ended 2% lower on Friday at Rs 157.70 on the BSE.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Shares of Bandhan Bank Ltd. 0.58 per cent to Rs 164.10 in Friday’s trade as of 12:25PM (IST) even as the benchmark Nifty ruled at 23844.8, 106.91 points.

The scrip had closed at Rs 163.15 in the previous session. The stock quoted a 52-week low of Rs 160.30 and a high of Rs 263.15. The company quoted a market-cap of Rs 26444.09 crore on the BSE.

On BSE, 127,633 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 9.48 times its trailing 12-month EPS of Rs 17.31 per share and 1.34 times its book value. The return on equity (ROE) stood at Rs 10.33.

Key Financials
For the quarter ended 30-Sep-2024, Bandhan Bank Ltd. reported consolidated sales of Rs 6094.5303 crore, 21.11 per cent from the same quarter a year ago. The company reported

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