INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Bandhan Bank on Wednesday reported a 47.5 per cent YoY growth in net profit at Rs 481.7 crore for the June quarter.
The figure
was Rs 326.5 crore in the same period last year.
Gross NPA in percentage terms stood at 1.26 per cent at the end of June quarter against
1.25 per cent in the March quarter
Net NPAs came in at 0.64 per cent against the earlier 0.58 per cent
Bandhan Bank's provisions were Rs 80 crore over Rs 109.1 crore sequentially and Rs 55.6 crore a year earlier
Loan portfolio jumped 52 per cent YoY to Rs 32,590 crore.
Net interest income (NII) went up 39 per cent to Rs 1,037 crore against Rs 743.48
crore in the year-ago period
Diluted EPS (earnings per share) for the quarter under review read Rs 4.03 against Rs 2.98 in the year-earlier period
At 01:09 pm, the stock was trading at Rs 579.15 on the BSE, up 3.05 per cent.
