Bandhan Bank shares fall 6% after Q2 PAT plunges 88% YoY to Rs 110 crore
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Bandhan Bank shares fell 5.9% to an intraday low of Rs 160.40 on BSE on Friday, October 31, after the private sector lender reported a sharp decline in earnings for the July-September quarter of FY26. The bank posted a net profit (PAT) of Rs 110 crore, down 88.1% year-on-year (YoY) and 69.9% sequentially. Net interest income (NII) stood at Rs 2,590 crore, down 11.8% YoY and 6.1% quarter-on-quarter (QoQ), while total net revenue came in at Rs 3,140 crore, a decline of 11.5% YoY and 10.0% QoQ. Operating profit fell to Rs 1,310 crore, marking a 29.4% YoY and 21.5% sequential drop. Gross advances rose 7.2% YoY and 4.8% QoQ to Rs 1,40,040 crore. The share of the secured book improved to 54.9%, up 790 basis points (bps) YoY and 278 bps QoQ. Live Events Total deposits increased 10.9% YoY and 2.2% QoQ to Rs 1,58,070 crore, while retail deposits climbed 16.1% YoY and 6.3% QoQ to Rs 1,12,130 crore. The CASA ratio stood at 28%, down 521 bps YoY but ...