Bandhan Bank Q4 Results: Profit Zooms 68%, NII Sees Slight Uptick; Dividend Declared

Bandhan Bank Ltd. posted a 68% surge in net profit for the fourth quarter of this financial year. The bank's standalone net profit during the quarter ended March was at Rs 534.13 crore, compared to Rs 317 crore in the year-ago period.

The net interest income—the difference of interest earned and interest paid— for the quarter rose 1.4% to Rs 2,800 crore. This compares to Rs 2,760 crore reported in the corresponding quarter of the previous fiscal.

Bandhan Bank's asset quality also improved during the quarter under review, with the gross non-performing assets ratio falling to 3.27% from 3.33% in the January-March period. In absolute terms, the gross NPA rose to Rs 5,019.55 crore from Rs 4,804.98 crore in the first quarter.

The net NPA ratio compressed 2 basis points to 0.97% from 0.99% in the preceding quarter. In absolute terms, the net NPA rose to Rs 1,452.09 crore from Rs 1,402.12 crore.

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Gross advances rose 13% year-on-year to Rs 1.54 lakh crore, while total deposits rose 10% year-on-year to Rs 1.66 lakh crore. Retail deposits rose 46% in quarter ended March while Wholesale bank grew 33% and the housing book rose 8%.

The collection efficiency for EEB loans was higher at 99.3%, in comparison to 98.2% reported in third quarter.

The provision coverage ratio which including technical write-offs as of March stood at 84.9%.

Bandhan Bank Dividend

Bandhan Bank on Tuesday has announced a dividend of Rs 1.5 per equity share for the fiscal 2026. The company announced distribution of nearly Rs 241.65 crore to shareholders.

The record date for ascertaining entitlement of final dividend for fiscal 2026 will be announced later. According to the exchange filing the final dividend is subject to approval of the Members of the company at the ensuing annual general meeting.