Bandhan Bank announced Q1FY25 results: The Bank’s net revenue as of Q1FY25 was Rs 3,533 crore as compared to Rs 2,876 crore in Q1FY24; a growth of 23% Net interest income (NII) as of Q1FY25, stood at Rs 3,005 crore compared to Rs 2,491 crore as of Q1FY24, representing a growth of 21%. Net Interest Margin (NIM) for the quarter was 7.6%, stable QoQ. The cost-to-income ratio for the quarter was 45% compared to 48% in the previous quarter Operating Profit was Rs 1,941 crore in Q1FY25 compared to Rs 1,562 crore in Q1FY24, up 24% The provisions (other than tax) & contingencies charged to the Profit and Loss for Q1FY25 were at Rs 523 crore compared to Rs 602 crore in Q1FY24 The profit after tax for the quarter ended June 30, 2024, stood at Rs 1,063 crore compared to Rs 721 crore, registering a growth of 47% YoY; Bank’s RoA stood at 2.5% and RoE at 18.8% for the quarter (annualised basis) Speaking on the Bank’s performance, Ratan Kumar Kesh, MD & CEO, said, “During the first quarter of the year, the bank has achieved remarkable growth across key metrics. Our robust performance reflects our team's resilience and strategic agility amid challenging market conditions. Bandhan Bank's foundation is built on the trust of its customers and the unwavering commitment of its employees. These cornerstones, along with a focus on technology, process, product and people will not only sustain our growth momentum but also pave the way for even stronger performance in the future." Result PDF