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Business Standard
21-07-2025
- 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.
Time of India
18-07-2025
- 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.
The Print
18-07-2025
- 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.
Time of India
18-07-2025
- Business
- Time of India
Bandhan Bank Q1 profit drops 65% to Rs 372 crore due to stress in microfinance book
Stress in microfinance portfolio forced Bandhan Bank to report a 65% drop in first quarter net profit at Rs 372 crore as compared with Rs 1063 crore in the year ago period. High slippages in the microfinance book, rise in provisions to cover the bad loans led to the fall. Asset quality deteriorated with gross non-performing assets ratio rising to 4.96% at the end of June from 4.23% a year back. Explore courses from Top Institutes in Select a Course Category Design Thinking Degree Public Policy Management Leadership others MBA Artificial Intelligence Finance CXO MCA Others Data Science Cybersecurity Product Management PGDM Data Science Healthcare Project Management Data Analytics Operations Management Digital Marketing Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo "We anticipate the challenge in the emerging business segment to continue in the second quarter. Things will start getting better from the third quarter," managing director Partha Pratim Sengupta said. Provisions and contingencies for the quarter under review jumped 119% year-on-year at Rs 1147 crore, largely on account of provisions to cover bad loans and write-off of ageing loans. Fresh slippages stood at Rs 1553 crore out of which Rs 1083 crore was on account of micro loans, said chief financial officer Rajeev Mantri. The bank wrote off loans to the tune of Rs 1047 crore during the quarter. Live Events The bank's operating profit stood 14% lower at Rs 1668 crore against Rs 1941 crore, on account of a 8% decline in net interest income at Rs 2757 crore. Other income however rose 33% at Rs 726 crore. The net interest margin for the quarter stood at 6.4%, 117 basis points lower from what it was in the year-ago period. The bank, which was a microfinance company before its transformation into a universal bank in 2015, has reduced the share of group micro loans to 25.2% from 32.3% a year back. The bank's gross loan portfolio expanded by 6.4% year-on-year to Rs 1.34 lakh crore even as it shrank 2.5% from the March 2025 level. Wholesale banking and housing finance, which are Bandhan's major focus at this point, have grown 32% and 15% respectively. Wholesale banking accounted for 27.7% while housing finance contributed 24.4%. The bank's deposits grew 16% year-on-year to Rs 1.55 lakh crore with the share of current and savings accounts falling to 27.1% from 33.4%.
News18
18-07-2025
- Business
- News18
Bandhan Bank Q1 profit plummets 65 pc to Rs 372 cr
New Delhi, Jul 18 (PTI) Bandhan Bank on Friday reported 65 per cent decline in net profit at Rs 372 crore for the first quarter of this financial year on rising bad loans and sliding core income. The Kolkata-based private sector bank had earned a net profit of Rs 1,063 crore in the same quarter of the previous fiscal year. Total income rose to Rs 6,201 crore during the June quarter of 2025-26, from Rs 6,082 crore in the same period of FY25, Bandhan Bank said in a regulatory filing. However, interest earned by the bank declined to Rs 5,476 crore from Rs 5,536 crore in June quarter FY25. Net interest income (NII) as of Q1 FY26 also slipped to Rs 2,757 crore as against Rs 2,987 crore in Q1 FY25. During the period, operating profit of the bank also declined to Rs 1,668 crore, as compared to Rs 1,941 crore in the same quarter a year ago. The bank's asset quality deteriorated as gross non-performing assets (NPAs) rose to 4.96 per cent of gross advances at the end of the June quarter, from 4.23 per cent a year ago. Similarly, net NPAs, or bad loans, also increased to 1.36 per cent, as against 1.15 per cent in the year-ago period. As a result, provision and contingencies doubled to Rs 1,147 crore as against Rs 523 crore in the same period a year ago. Provision Coverage Ratio (PCR) as of June 30, 2025 was 73.7 per cent. Including write-off, PCR stands at 87.3 per cent, it said. Speaking on the Bank's performance, MD & CEO Partha Pratim Sengupta said, '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." PTI DP DP ANU ANU view comments First Published: July 18, 2025, 16:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
