Stock Report

Bandhan Bank posts net profit of Rs. 1063.46 crores in Q1 FY2025



Posted On : 2024-07-28 12:37:06( TIMEZONE : IST )

Bandhan Bank posts net profit of Rs. 1063.46 crores in Q1 FY2025

Bandhan Bank Limited has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 6063.3583 crores during the period ended June 30, 2024 as compared to Rs. 5883.4593 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 1063.4605 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 54.6257 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 6.60 for the period ended June 30, 2024 as compared to Rs. 0.34 for the period ended March 31, 2024.

Financials Q1 FY2025 Q4 FY2024 % Change
Total Income ₹ 6063.3583 crs ₹5883.4593 crs Up Tick / Down Tick3.06%
Net Profit ₹1063.4605 crs ₹54.6257 crs Up Tick / Down Tick1,846.81%
EPS ₹6.60 ₹0.34 Up Tick / Down Tick1,841.18%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 6063.3583 crores during the period ended June 30, 2024 as compared to Rs.4908.0291 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.1063.4605 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.721.0536 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.6.60 for the period ended June 30, 2024 as compared to Rs.4.48 for the period ended June 30, 2023.

Financials Q1 FY2025 Q1 FY2024 % Change
Total Income ₹ 6063.3583 crs ₹4908.0291 crs Up Tick / Down Tick23.54%
Net Profit ₹1063.4605 crs ₹721.0536 crs Up Tick / Down Tick47.49%
EPS ₹6.60 ₹4.48 Up Tick / Down Tick47.32%

Asset Quality:

Asset Quality Q1 FY2025 Q4 FY2024 Q1 FY2024
Gross NPA ₹5304.3607 crs ₹4784.8821 crs ₹6960.4018 crs
Gross NPA % 4.23% 3.84% 6.76%
Net NPA ₹1396.4310 crs ₹1347.6107 crs ₹2140.7086 crs
Net NPA % 1.15% 1.11% 2.18%


Gross NPA was at ₹ 5304.3607 crs in Q1 FY2025 against ₹ 6960.4018 crs in Q1 FY2024. The same was at ₹ 4784.8821 crs in Q4 FY2024.

Net NPA was at ₹ 1396.4310 crs in Q1 FY2025 against ₹ 2140.7086 crs in Q1 FY2024. The same was at ₹ 1347.6107 crs in Q4 FY2024.

GNPA was at 4.23% of Gross advances as on June 30, 2024 as compared to 6.76% as on June 30, 2023 and 3.84% as of March 31, 2024.

Net NPA was at 1.15% of Gross advances as on June 30, 2024 as compared to 2.18% as on June 30, 2023 and 1.11% as of March 31, 2024.

Ratios Q1 FY2025 Q4 FY2024 Q1 FY2024
RoA % 0.61% 0.03% 0.48%
CAR (BASEL III) % 14.97% 14.69% 19.75%


Return on Average Assets (RoA) is at 0.61% for Q1 FY2025 against 0.03% in Q4 FY2024 and 0.48% in Q1 FY2024.

In Q1 FY2025, Bank's total Capital Adequacy Ratio (CAR) was at 14.97%, as compared to 14.69% in Q4 FY2024 and 19.75% in Q1 FY2024.

Shares of Bandhan Bank Limited was last trading in BSE at Rs. 192.45 as compared to the previous close of Rs. 185.80. The total number of shares traded during the day was 635228 in over 4479 trades.

The stock hit an intraday high of Rs. 193.20 and intraday low of 184.80. The net turnover during the day was Rs. 120307575.00.

Source : Equity Bulls

Keywords

BandhanBank Q1FY25 FY2025 Q1FY2025 ResultUpdate