Bandhan Bank has released its financial results for the second quarter and first half of FY27. The bank reported a significant 5.5x year-on-year increase in profit after tax (PAT) for Q2 FY27, reaching INR 622 crore. This performance was driven by healthy business growth, accelerated deposit mobilization, and an improved asset quality, leading to a strong increase in operating profit and return ratios.
Bandhan Bank Announces Q2 and H1 FY27 Earnings
Bandhan Bank Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The bank demonstrated robust performance, marked by substantial growth in key financial metrics and a strengthening of its business fundamentals.
Financial Highlights for Q2 FY27
During the second quarter of FY27, Bandhan Bank’s loan book reached approximately INR 1.58 lakh crore, reflecting a healthy 13% year-on-year (YoY) growth. The non-EEB business was a key driver, expanding by 20% YoY. Total deposits grew to approximately INR 1.73 lakh crore, an increase of 9.2% YoY and 4.7% sequentially. The bank’s net interest income (NII) saw a 14.4% YoY increase to INR 2,960 crore, with Net Interest Margin (NIM) remaining stable at 6.1%.
Operating profit for the quarter showed a strong 18.8% YoY growth, reaching INR 1,556 crore. Profit after tax (PAT) recorded a significant 5.5x YoY increase, standing at INR 622 crore. Return on Assets (ROA) improved to 1.2% and Return on Equity (ROE) to 9.3%.
Half-Yearly Performance (H1 FY27)
For the first half of FY27, the bank reported a net profit of INR 1,123 crore, a substantial 132% growth YoY. The annualized ROA stood at 1.1% and ROE at 8.5%.
Key Business Developments
The bank highlighted several strategic initiatives and progress areas. The launch of its credit card business with four variants marks a milestone in its universal banking journey. The EEB (Emerging Entrepreneurship Business) portfolio has stabilized, and the diversification towards secured businesses continues. Asset quality remained under control, with gross NPA at 3.1% and net NPA at 0.9%. The bank also expanded its physical distribution network, adding 13 new branches and 14 banking units.
Outlook and Priorities
Looking ahead, Bandhan Bank’s priorities include accelerating granular deposit growth, rebuilding savings account momentum, and disciplined business growth. The bank aims to maintain asset quality and improve operating efficiency. The management expressed confidence in the improving profitability trajectory and the bank’s well-capitalized and liquid balance sheet.
Source: BSE
