Bandhan Bank Q4 Result: Net Profit Up 483% YoY To Rs 318 Cr Despite Flat NPA Ratios; Rs 1.50 Dividend Declared

At its meeting on Wednesday, April 30, 2025, in Kolkata, the Board of Directors of Bandhan Bank Limited approved the bank's financial results for the quarter and full year ending March 31, 2025. For the quarter ending March 31, 2025, the bank's profit after tax was Rs 318 crore, up 483% YoY from Rs 55 crore in Q4FY24. Bandhan Bank's net interest income (NII) plunged 4% YoY to Rs 2,756 crore in Q4 FY25 from Rs 2,859 crore in Q4 FY24.

The bank's operating profit in Q4 FY25 remained Rs 1,571 crore, compared to Rs 1,838 crore in Q4 FY24, while its net interest margin (NIM) for the period was 6.7%. In comparison to the Rs 1,774 crore in Q4 FY24, the bank's provisions and contingencies for Q4 FY25 were lower at Rs 1,260 crore.

The bank's net interest income (NII) for FY25, which ended on March 31, 2025, was Rs 11,491 crore, up 11% YoY from Rs 10,319 crore in FY24. For the fiscal year that ended on March 31, 2025, the profit after tax was Rs 2,745 crore, up 23% YoY from Rs 2,230 crore.

The bank's net interest margin (NIM) for FY25 was 7.1%, while its operating profit increased 11% YoY to Rs 7,389 crore from Rs 6,639 crore in FY24.

A steady but cautious stance to risk amid growing advances is demonstrated by the provisions and contingencies recorded to the profit and loss statement for FY25 of the bank, which were Rs 3,765 crore as opposed to Rs 3,697 crore in FY24, a rise of 2%.
The provisions and contingencies recorded in the profit and loss of Bandhan Bank for FY25 were Rs 3,765 crore, up 2% from Rs 3,697 crore in FY24. This indicates that credit risk was under control, asset quality had really improved, and operations were more profitable.

The bank's FY25 RoE was 11.6% while its FY25 RoA was 1.5%. The bank's capital adequacy ratio as of March 31, 2025, was 18.7%, compared to the regulatory threshold of 11.5%.

According to Bandhan Bank, as of March 31, 2025, its provision coverage ratio is 86.5% as against 84.5% the year before. According to the bank, as of March 31, 2025, total deposits were Rs 1.51 lakh crore, up 12% YoY from Rs 1.35 lakh crore the year before. CASA deposits were Rs 47,437 crore, and the CASA Ratio was at 31.4%; the CASA + retail term deposit to total deposit ratio was about 69%.

According to Bandhan Bank, gross advances as of March 31, 2025, were Rs 1.37 lakh crore, up 10% YoY from Rs 1.25 lakh crore the year before. Bandhan Bank's Gross Non-Performing Asset (NPA) ratio of 4.7% and Net NPA ratio of 1.3% were steady sequentially in Q4 FY25. On a year-on-year basis, however, Net NPA grew from 1.1% to 1.3% and Gross NPA jumped from 3.8% in FY24 to 4.7% in FY25, suggesting a modest rise in asset quality pressure over the course of the year.

MD & CEO, Partha Pratim Sengupta said, "Bandhan Bank's performance reflects balanced, sustainable growth driven by strong governance, risk management, and stakeholder trust. As we evolve into Bandhan Bank 2.0, our focus remains on customer-centric, digital-first solutions, expanding distribution, diversifying assets, and enhancing experiences-positioning us for long-term value and future growth."

With about 6300 banking locations, Bandhan Bank is now present in 35 of India's 36 states and union territories and as of March 31, 2025.

"Further, the Board has also recommended Dividend of Rs. 1.50 (Rupee One and Fifty Paisa Only), per equity share having face value of Rs. 10 each (i.e., 15%), from the profits of the Bank for the Financial Year ended March 31, 2025, for the approval of Shareholders of the Bank at the ensuing Annual General Meeting ('AGM'). The Dividend on equity shares will be paid/dispatched after the same is approved by the Shareholders at the ensuing AGM," said Bandhan Bank in a stock exchange filing.

On Wednesday, the shares of Bandhan Bank ended 1.31% lower on the BSE at Rs 165.65 apiece with a market cap of Rs 26,685.74 Cr.