Bandhan Bank Reports Mixed Financial Results Amid Declining Profit Metrics for December Quarter

Bandhan Bank has recently reported its financial results for the quarter ending December 2024, revealing a complex picture of its performance. The bank's evaluation has undergone a notable adjustment, reflecting shifts in its financial metrics over the past three months.
On a positive note, Bandhan Bank's interest earned for the nine-month period reached Rs 16,514.36 crore, showcasing a year-on-year growth of 20.72%. This indicates a favorable trend in near-term sales. However, the bank has faced significant challenges, particularly in its profit metrics. The profit before tax (PBT) for the quarter was recorded at Rs -450.50 crore, marking a substantial decline compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) fell to Rs 426.49 crore, down 38.8% from the average of the last four quarters.

Additionally, the operating profit and operating profit margin have reached their lowest levels in the past five quarters, suggesting a deterioration in the bank's efficiency. Furthermore, the high proportion of non-operating income raises concerns about the sustainability of its business model.

In light of these developments, Bandhan Bank's score has been revised, reflecting the current financial landscape.

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