{"id":149147,"date":"2023-07-14T08:53:18","date_gmt":"2023-07-14T12:53:18","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149147"},"modified":"2023-07-14T08:53:19","modified_gmt":"2023-07-14T12:53:19","slug":"bandhan-bank-ltd-q1fy24-19-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/bandhan-bank-ltd-q1fy24-19-fall-in-profits\/","title":{"rendered":"Bandhan Bank Ltd Q1FY24; 19% fall in Profits."},"content":{"rendered":"\n<p style=\"font-size:24px\"><strong>Company Description:<\/strong><\/p>\n\n\n\n<p>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 &amp; services and asset &amp; liability products and services designed for micro banking and general banking.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Bandhan Bank Ltd reported Revenues for Q1FY24 of \u20b94,523.00 Crores up from \u20b94,055.00 Crore year on year, a rise of 11.54%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b93,948.00 Crores up from \u20b93,207.00 Crores year on year, a rise of 23.11%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9721.00 Crores down 18.62% from \u20b9886.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b94.48, down 18.55% from \u20b95.50 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-15-839x1024.png\" alt=\"\" class=\"wp-image-149149\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-15-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-15-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-15-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-15-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-15.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &amp; services and asset &amp; liability products and services designed for micro banking and general banking. Financial Results: Bandhan Bank Ltd [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[151],"class_list":["post-149147","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":168816,"url":"https:\/\/alphastreet.com\/india\/bandhan-bank-ltd-q4fy25-13-rise-in-profits\/","url_meta":{"origin":149147,"position":0},"title":"Bandhan Bank Ltd Q4FY25; 13% rise in Profits","author":"Divyansh_Kasana","date":"June 19, 2025","format":false,"excerpt":"Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. 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