New Delhi, Oct. 28 -- Bandhan Bank on Wednesday reported a five-fold jump in net profit to Rs 622 crore for Q2 FY27, helped by a decline in bad loans. The lender had earned a net profit of Rs 122 crore in the year-ago period.
Its total income rose to Rs 6,458 crore in Q2 FY27 from Rs 5,900 crore a year ago, Bandhan Bank said in a regulatory filing. Its interest income rose to Rs 5,754 crore against Rs 5,354 crore in the corresponding quarter of the previous year.
The net interest income (NII) also rose 14 per cent to Rs 2,960 crore compared to Rs 2,589 crore in Q2 FY26.
On asset quality terms, the bank witnessed improvement with gross NPAs declining to 3.11 per cent of gross advances at the end of the September quarter 2026 against 5.02 per cent a year ago. Net NPAs moderated to 0.92 per cent from 1.3 per cent in the year-ago period.
Provision coverage ratio including write-offs as of September 30, 2026, stood at 86.7 per cent.
The capital adequacy ratio also rose to 18.32 per cent from 18.23 per cent at the end of September 2025.
Published by HT Digital Content Services with permission from Millennium Post.