Bandhan Financial institution This fall outcomes: Revenue jumps 68% YoY to Rs 530 crore; NII up marginally

Bandhan Financial institution reported a pointy rebound in profitability for the March quarter, with web revenue rising 68% year-on-year (YoY) to Rs 530 crore, supported by decrease provisions and bettering asset high quality. Web curiosity revenue (NII) grew marginally by 1% YoY to Rs 2,800 crore, whereas whole revenue rose 3% to Rs 3,570 crore, indicating a gradual however muted topline efficiency.

The lender’s working revenue declined 8.3% YoY to Rs 1,440 crore, reflecting increased working bills, which rose almost 13% through the quarter. Nonetheless, a pointy drop in provisions — down over 46% YoY — helped enhance bottom-line progress considerably.

On a sequential foundation, revenue surged 159% QoQ, highlighting normalisation after a weaker December quarter.

Asset high quality continued to enhance, with gross non-performing property (GNPA) ratio easing to three.3% from 4.7% a yr in the past, whereas web NPA stood at 1.0%. Credit score value declined sharply to 2.0%, down 195 foundation factors YoY, reflecting higher recoveries and tighter underwriting.

The financial institution’s mortgage e book remained on a progress trajectory, with gross advances rising 12.6% YoY to Rs 1.54 lakh crore. Deposits elevated 10% YoY to Rs 1.66 lakh crore, though CASA ratio declined to 29.3%, indicating some strain on low-cost deposits.

Retail deposits confirmed sturdy traction, rising 17.7% YoY, underscoring the financial institution’s ongoing shift in direction of a extra granular legal responsibility franchise. In the meantime, the secured mortgage combine improved to 56.2%, highlighting a calibrated transfer in direction of lower-risk property.

Margins remained beneath strain, with web curiosity margin (NIM) slipping 46 foundation factors YoY to six.2%, although it improved sequentially. Return ratios, nonetheless, confirmed enchancment, with return on property (RoA) at 1.1% and return on fairness (RoE) at 8.5%, each increasing meaningfully from a yr in the past.For the total yr FY26, Bandhan Financial institution reported a steep 55% decline in revenue to Rs 1,220 crore, reflecting elevated stress and provisioning throughout earlier quarters, even because the This fall efficiency signalled a turnaround.

Operationally, the financial institution continued to diversify its portfolio past its conventional microfinance base, with non-EEB (Rising Entrepreneurs Enterprise) loans rising almost 25% YoY and now forming a bigger share of the e book.

Additionally learn: Everlasting This fall Outcomes: Cons web revenue spikes 346% YoY to Rs 174 crore; income soars 196%

The quarter additionally noticed continued enchancment in assortment effectivity and borrower behaviour, with over 96% of consumers categorized as full-paying, indicating stabilisation in asset high quality developments.

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