Company Description:
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking.
Financial Results:
Bandhan Bank Ltd reported Revenues for Q1FY24 of ₹4,523.00 Crores up from ₹4,055.00 Crore year on year, a rise of 11.54%.
Total Expenses for Q1FY24 of ₹3,948.00 Crores up from ₹3,207.00 Crores year on year, a rise of 23.11%.
Consolidated Net Profit of ₹721.00 Crores down 18.62% from ₹886.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.48, down 18.55% from ₹5.50 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.