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Stock Alert: PNB Housing Finance, Oberoi Realty, Bajaj Finance, CIE Automotive
Stock Alert: PNB Housing Finance, Oberoi Realty, Bajaj Finance, CIE Automotive

Business Standard

time12 hours ago

  • Business
  • Business Standard

Stock Alert: PNB Housing Finance, Oberoi Realty, Bajaj Finance, CIE Automotive

Securities in F&O Ban: Bandhan Bank and RBL Bank shares are banned from F&O trading on 22 July 2025. Upcoming Results: United Breweries, Aurionpro Solutions, Blue Jet Healthcare, Colgate Palmolive (India), CreditAccess Grameen, Cyient DLM, Dalmia Bharat, Dixon Technologies (India), Goodluck India, Huhtamaki India, Ideaforge Technology, IRFC, JSW Infra, Kajaria Ceramics, KEI Industries, Kirloskar Pneumatic Company, Mahindra & Mahindra Financial Services, Mahanagar Gas, One 97 Communications(Paytm), Shyam Metalics and Energy, SML Isuzu, VST Industries, Zee Entertainment will declare their result later today. Stocks to Watch: PNB Housing Finances consolidated net profit jumped 23.3% to Rs 533.50 crore on 13.6% increase in total income to Rs 2081.87 crore in Q1 FY26 over Q1 FY25. Oberoi Realty reported a 27.9% decline in consolidated net profit to Rs 421.25 crore on 29.7% fall in net sales to Rs 987.55 crore in Q1 June 2025 over Q1 June 2024. Bajaj Finances managing director (MD), Anup Kumar Saha has resigned due to personal reasons. Rajeev Jain will assume the leadership as vice chairman and MD until March 2028, ensuring smooth succession and business continuity. Dhanlaxmi Banks standalone net profit surged 252.2% to Rs 12.18 crore on 20.5% jump in total income to Rs 407.06 crore in Q1 FY26 over Q1 FY25. DCM Shrirams consolidated net profit jumped 13% to Rs 113.38 crore on 13.4% increase in net sales to Rs 3248.63 crore in Q1 FY26 over Q1 FY25.

Bandhan Bank slips after Q1 PAT slides 65% YoY to Rs 372 cr
Bandhan Bank slips after Q1 PAT slides 65% YoY to Rs 372 cr

Business Standard

timea day ago

  • Business
  • Business Standard

Bandhan Bank slips after Q1 PAT slides 65% YoY to Rs 372 cr

Bandhan Bank fell 2.08% to Rs 183.30 after the bank reported 65.02% de-growth in standalone net profit to Rs 371.96 crore on a 1.97% rise in total income to Rs 6,201.49 crore in Q1 FY26 over Q1 FY25. Operating profit declined 14.06% to Rs 1,668 crore in Q1 FY26 as against Rs 1,941 crore posted in Q1 FY25. Net interest income (NII) dropped 7.7% year on year (YoY) to Rs 2,757 crore in Q1 FY26. Net Interest Margin (NIM) for the quarter was 6.4%. The provisions (other than tax) & contingencies stood at Rs 1,147 crore in Q1 FY26, registering growth of 119.31% YoY, compared to Rs 523 crore in Q1 FY25. As of 30 June 2025, total deposits stood at Rs 1.55 lakh crore as against Rs 1.33 lakh crore in the previous year, registering a growth of 16% YoY. The CASA deposits stood at Rs 41,858 crore, and the CASA ratio stood at 27.1%. As of 30 June 2025, gross advances stood at Rs 1.34 lakh crore, up 6% as against Rs 1.26 lakh crore in the same quarter the previous year. On a YoY basis, retail books (other than housing) grew 78%, wholesale banking grew 32%, and the housing book showed a growth of 15%. The EEB book shrunk by 15% during this period. On the asset quality front, the gross NPA ratio improved to 5% in Q1 FY26 from 4.2% in Q1 FY25. The net NPA ratio stood at 1.4% as of 30 June 2025, compared to 1.1% as of 30 June 2024. The provision coverage ratio as of 30 June 2025, is 73.7%; including write-off PCR, it stands at 87.3%. The collection efficiency for EEB loans stood at 97.6% for the quarter ended 30 June 2025. As of 30 June 2025, the Banks capital adequacy ratio stood at 19.4% as against a regulatory requirement of 11.5%. The banks distribution network spans nearly 6,350 outlets. The bank's total customer base stands at 3.14 crore customers. The bank currently has more than 73,000 employees. Partha Pratim Sengupta, MD & CEO, said, "Bandhan Bank has delivered a sequentially improving performance in Q1 FY26, marked by strong growth in deposits and continued momentum in retail & wholesale banking. While the operating environment poses certain challenges, our performance reflects the underlying resilience of our business and the strength of our strategic direction. We remain focused on prudent risk management, operational efficiency, and delivering long-term value for our customers and stakeholders." Bandhan Bank operates as a commercial bank. The banks distribution network spans nearly 6,350 outlets. The bank's total customer base stands at 3.14 crore customers. The bank currently has more than 73,000 employees.

Bandhan Q1 FY 26 net slumps 65% over microfin asset stress
Bandhan Q1 FY 26 net slumps 65% over microfin asset stress

Time of India

time4 days ago

  • Business
  • Time of India

Bandhan Q1 FY 26 net slumps 65% over microfin asset stress

1 2 Kolkata: Bandhan Bank's net profit in the first quarter of FY 2026 recorded a 65% slump at Rs 372 crore compared with Rs 1,063 crore posted in the year-ago period. Partha Pratim Sengupta, MD and CEO of the bank, attributed the decline to stress in microfinance asset. Even though the bank's total business grew by 11% to Rs 2.8 lakh crore last year, a 119% rise in provisions due to write-offs and high slippages in the microfinance book brought its Q1 net profit down, Sengupta said. "The loan book could not be raised because of guardrails. But those regulations were necessary. We hope that from Q3 onwards, the situation will improve," he added. In the first quarter of FY 26, fresh slippages stood at around Rs 1,553 crore, of which Rs 1,080 crore came from the EEB (microfinance) segment. The provisions and contingencies charged to the profit and loss for Q1 FY 26 stood at Rs 1,147 crore compared to Rs 523 crore in Q1 FY 25, said Rajinder Kumar Babbar, executive director and chief business officer of the bank. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata "In the first quarter of the current fiscal year, our bank registered a 16% year-on-year growth in deposit base and the deposit book stands at Rs 1.5 lakh crore. Total advances have reached Rs 1.3 lakh crore for the same period. The current account and savings account (CASA) ratio stands at 27% of total deposits," Babbar said.

South Indian Bank Q1FY26 results: Net profit rises 10% to ₹322 crore
South Indian Bank Q1FY26 results: Net profit rises 10% to ₹322 crore

Business Standard

time4 days ago

  • Business
  • Business Standard

South Indian Bank Q1FY26 results: Net profit rises 10% to ₹322 crore

South Indian Bank on Thursday reported a 10 per cent rise in profit to ₹322 crore during the first Kerala-based bank had a net profit of ₹294 crore in the same quarter of previous fiscal total income rose to ₹2,984 crore during the June quarter of 2025-26, from ₹2,736 crore in the same of FY25, South Indian Bank said in a regulatory earned by the bank grew to ₹2,362 crore as compared to ₹2,314 crore in June quarter FY25. ALSO READ: Bandhan Bank Q1 FY26 results: Net profit down 65% on rising bad loansDuring the period, operating profit of the bank rose to ₹672 crore as compared to ₹508 crore in the same quarter a year bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 3.15 per cent of gross advances at the end of the June quarter from 4.50 per cent a year ago. ALSO READ: Reliance Retail Q1FY26 results: Net profit up 33% on expansion spreeSimilarly, net NPAs, or bad loans, declined to 0.68 per cent as against 1.44 per cent in the year-ago adequacy ratio of the bank rose to 19.48 per cent from 18.11 per cent in the same quarter of FY25. ALSO READ: IOB Q1 net up 76% at ₹1,111 cr, eyes QIP for ₹4,000 cr equity in Q3FY26

Stress on microfinance business pulls down Q1 net of Bandhan Bank: MD&CEO
Stress on microfinance business pulls down Q1 net of Bandhan Bank: MD&CEO

The Print

time4 days ago

  • Business
  • The Print

Stress on microfinance business pulls down Q1 net of Bandhan Bank: MD&CEO

MD&CEO of Bandhan Bank Partha Pratim Sengupta told reporters here that the two quarters are not strictly comparable. In the first quarter of 2025-26, the bank had posted a net profit of Rs 372 crore. In the previous similar period, the post-tax profit of the lender stood at Rs 1,063 crore. Kolkata, Jul 18 (PTI) Private sector lender Bandhan Bank on Friday said that the stress on the emerging entrepreneurs business (EEB), broadly the microfinance portfolio, has pulled down the net profit in the first quarter of 2025-26. 'The profitability of the bank in the first quarter of the current financial year was down due to headwinds in the EEB microfinance business. The EEB portfolio had a bearing on the profitability. We remain cautiously optimistic in the second and subsequent quarters', he said. The bank's total business at the end of the first quarter of the current fiscal stood at Rs 2.88 lakh crore. Sengupta said that the bank has sequentially improved profitability and has been able to increase the proportion of secured loans in overall advances. 'The asset base has become more diversified. The bank has a strong capital adequacy ratio to support future growth', he said. During the quarter, the bank has made a technical write-off amounting to Rs 1,047 crore, Sengupta said. He said that the bank is focusing on retail growth and product innovation. The bank remained focused on prudent risk management and operational efficiency, Sengupta said. PTI dc RG This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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