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Bandhan Bank Ltd Q4FY24; 93% fall in Profits

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 Q4FY24 of ₹5,189.00 Crores up from ₹4,268.00 Crore year on year, a rise of 21.58%.

Total Expenses for Q4FY24 of ₹5,819.00 Crores up from ₹3,836.00 Crores year on year, a rise of 51.69%.

Consolidated Net Profit of ₹55.00 Crores down 93.19% from ₹808.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.34, down 93.23% from ₹5.02 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.

Tags: Banking
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