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Bandhan Bank Q1 profit jumps 35% as provisions decline sharply
Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher staff and technology costs, along with lower treasury income, weighed on earnings.
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thehindubusinessline.com
Lower provisioning and recoveries boost Axis, Kotak and IDBI profit in Q1; YES Bank bucks the trend
Axis, Kotak, and IDBI banks report profit growth due to lower provisions, while YES Bank shows strength in core earnings.
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economictimes.indiatimes.com
Yes Bank Q1 Profit Surges 34% on Strong Loan Growth
Yes Bank has reported a remarkable thirty-four percent surge in net profit for the first quarter, driven by robust loan growth and enhancing net interest margins. The bank's loan…
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Kotak Bank Q1 net rises 26% on loan growth
Kotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attributed to a significant decline in…
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Axis Bank Standalone Profit Soars 23% in Q1
For the June quarter, the Mumbai-headquartered private sector bank's standalone net profit stood at ₹7,114 crore compared with ₹5,806 crore a year ago. Its pre-provision operating…
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Axis Bank standalone profit soars 23% in Q1
Axis Bank on Saturday reported a 23% year-on-year increase in standalone quarterly net profit, aided by lower provisions, even as its pre-provision operating profit grew just 1.3%.
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Bandhan Bank Q1 profit jumps 35% as provisions decline sharply
Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher…
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Bandhan Bank Q1 net up 35% at ₹ 501.67 crore as provisions fall 40.5%
Bandhan Bank reports a 35% rise in Q1 net profit to ₹501.67 crore, driven by reduced provisions and stable NII growth.
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Bandhan Bank shares tank 10% to lower circuit as FY27 RoA guidance cut spooks investors
Nomura maintains a neutral rating with a target price of ₹190
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Bandhan Bank shares crash 10% after Q1 results; lender cuts RoA guidance. Should you buy, sell or hold?
Bandhan Bank shares dropped 10% after the lender released its Q1 earnings. The bank reduced its return on assets guidance due to global economic uncertainties. Higher staff and…
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Bandhan Bank shares crash 10% after Q1 results, RoA guidance cut. Time to sell?
Bandhan Bank shares hit the 10% lower circuit after the lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit. Motilal Oswal downgraded the stock…
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Profit up 35%, shares down 15%: What went wrong at Bandhan Bank?
Bandhan Bank shares hit the 15% lower circuit despite a 35% jump in Q1 profit, as investors focused on the lender's sharp cut to its FY27 RoA guidance. Brokerages remained…
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thehindu.com
IndusInd bank’s Q1FY27 PAT up 47% on lower provisions
IndusInd Bank reports a 47% rise in Q1FY27 net profit due to lower provisions and improved cost management.
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timesofindia.indiatimes.com
IndusInd Bk Q1 net up 72% on lower costs, provisions
MUMBAI: IndusInd Bank reported a net profit of Rs 1,037 crore for the quarter ended June 30, up 72% from Rs 604 crore a year ago. Net interest income (NII) stood at Rs 4,685 crore…