Bandhan Bank Q4FY25 net profit jumps 482% to Rs 318 cr; full-year profit rises 23%
Kolkata: Bandhan Bank on Wednesday reported a 482 percent surge in net profit to ₹317.90 crore for the January–March quarter (Q4FY25), buoyed by a sharp drop in provisions and contingencies, despite muted revenue and interest income. In the corresponding quarter last year, net profit stood at ₹54.62 crore.
However, on a sequential basis, net profit fell 25.4 percent.
The bank attributed the decline in operating profit, which stood at ₹1,571 crore versus ₹1,838 crore in the year-ago period, to pressure on its Emerging Entrepreneurs Business (EEB) portfolio, primarily comprising microfinance loans.
Net interest income (NII) in Q4FY25 declined 4 percent year-on-year to ₹2,756 crore, while net revenue dropped slightly to ₹3,456 crore from ₹3,560 crore.
Provisions fell substantially to ₹1,260 crore from ₹1,774 crore a year ago.
The bank’s net interest margin (NIM) for the quarter stood at 6.7 percent, down 96 basis points from the year-ago level.
Despite ongoing challenges in the microfinance segment, Managing Director and CEO Chandra Shekhar Ghosh said the bank had delivered a “reasonably strong performance” for the full year.
For FY25, net profit rose 23 percent to ₹2,745 crore, while operating profit climbed 11 percent year-on-year to ₹7,389 crore.
Net revenue grew 16 percent to ₹14,458 crore, and NII increased 11 percent to ₹11,491 crore.
Gross advances as of March 31 stood at ₹1.37 trillion, while total deposits reached ₹1.51 trillion, indicating that deposits outpaced credit growth in the quarter.
The bank’s total business rose 11 per cent to ₹2.88 trillion.
Retail deposits now make up nearly 69 percent of the total deposit base.
The bank said its improved performance in the last quarter was driven by an expanded distribution network, better operational efficiencies, and a favourable business environment.
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