Bandhan Bank Q2 results: net profit rises to Rs 621.8 crore from Rs 111.9 crore

Bandhan Bank said in a filing with the National Stock Exchange that its standalone net profit for the quarter ended 30 September 2026 (Q2 FY27) was Rs 621.8 crore, against Rs 111.9 crore a year earlier. Total income was Rs 6,458.4 crore. The board approved the unaudited results on 28 October 2026.

What Happened

The bank's results table is in Rs lakh; the figures below are converted to Rs crore. They are standalone, as the bank reports them.

Interest earned was Rs 5,753.6 crore, up 7.5% from Rs 5,353.8 crore a year earlier and 2.2% from Rs 5,630.6 crore in the June 2026 quarter. Other income was Rs 704.9 crore. Total income of Rs 6,458.4 crore was 9.5% above the year-earlier figure and 3.6% above the previous quarter. Interest expended was Rs 2,793.1 crore.

Operating profit before provisions and contingencies was Rs 1,556.4 crore, against Rs 1,310.4 crore a year earlier and Rs 1,358.1 crore in the June 2026 quarter. Provisions (other than tax) and contingencies were Rs 717.5 crore, against Rs 1,152.6 crore a year earlier and Rs 682.6 crore in the previous quarter.

Profit before tax was Rs 838.9 crore and the tax expense was Rs 217.1 crore. Net profit was Rs 621.8 crore, 455.8% above the Rs 111.9 crore of the year-earlier quarter and 23.9% above the Rs 501.7 crore of the June 2026 quarter. Earnings per share were Rs 3.86 for the quarter, against Rs 0.69 a year earlier; quarterly figures are not annualised.

For the half year ended 30 September 2026, net profit was Rs 1,123.4 crore, against Rs 483.8 crore in the same period last year, a rise of 132.2%.

On asset quality, gross non-performing assets were Rs 4,919.0 crore, or 3.11% of gross advances, compared with Rs 4,880.9 crore (3.15%) at 30 June 2026 and Rs 7,015.1 crore (5.02%) at 30 September 2025. Net non-performing assets were Rs 1,416.5 crore, against Rs 1,843.5 crore a year earlier.

What It Means

Lower provisions and higher operating profit both fed into the quarter's larger profit, according to the figures in the filing. The filing does not give reasons for the change in provisions. For depositors and borrowers, the filing reports the bank's results and asset-quality figures only. This report states what the bank disclosed and does not forecast results.

Source: Company filing on NSE