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Bandhan Bank reports 68% rise in Q4 net profit

Bandhan Bank has reported results for the fourth quarter and year ended March 31, 2019.

The Bank has reported a rise of 67.81% in its net profit at Rs 650.87 crore for the quarter ended March 31, 2019, as compared to Rs 387.86 crore for the same quarter in the previous year. Total income of the Bank increased by 42.89% at Rs 2,220.51 crore for the quarter under review as compared Rs 1,553.97 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the Bank has posted a rise of 45.03% in its net profit at Rs 1,951.50 crore as compared to Rs 1,345.56 crore for the same period in the previous year. Total income of Bank increased 39.91% at Rs 7,707.10 crore for year under review as compared to Rs 5,508.48 crore for the period ended March 31, 2018.

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