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Bandhan Bank - Quaterly Results

26 Jul 2024 Evaluate
A fair growth of 22.40% in the revenue at Rs. 55358.23 millions was reported in the June 2024 quarter as compared to Rs. 45229.13 millions during year-ago period.The company has announced a 47.49% increase in its profits to Rs . 10634.61  millions for the  quarter ended June 2024 compared to Rs. 7210.54 millions in the corresponding quarter in the previous year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Interest Earned 55358.23 45229.13 22.40 55358.23 45229.13 22.40 188696.18 159047.00 18.64
Other Income 5275.35 3851.16 36.98 5275.35 3851.16 36.98 21646.54 24685.51 -12.31
Interest Expended 25307.98 20322.92 24.53 25307.98 20322.92 24.53 85440.11 66450.81 28.58
Operating Expenses 15916.70 15916.70 21.18 15916.70 13134.38 21.18 58507.78 46368.19 26.18
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 5229.99 6020.87 -13.14 5229.99 6020.87 -13.14 36965.71 41983.65 -11.95
Tax 3544.32 2391.58 48.20 3544.32 2391.58 48.20 7133.50 6983.46 2.15
PAT 10634.61 7210.54 47.49 10634.61 7210.54 47.49 22295.63 21946.38 1.59
Equity 16109.70 16108.56 0.01 16109.70 16108.56 0.01 16109.70 16108.36 0.01
OPM 35.06 34.54 1.50 35.06 34.54 1.50 35.19 44.59 -21.08
Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
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