Bandhan Bank has reported results for the fourth quarter and year ended March 31, 2020.
The Bank has reported a fall of 20.52% in its net profit at Rs 517.29 crore for the quarter under review as compared to Rs 650.87 crore for the same quarter in the previous year. However, total income of the bank increased by 50.72% at Rs 3346.47 crore for Q4FY20 as compared Rs 2220.32 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the bank has reported a rise of 54.94% in its net profit at Rs 3023.74 crore as compared to Rs 1951.50 crore for the previous year. Total income of the bank increased by 61.35% at Rs 12434.69 crore for year under review as compared to Rs 7706.42 crore for year ended March 31, 2019.
