Bandhan Bank Q3 Net Profit Falls 52% YoY
Bandhan Bank Q3 Earnings Update
Bandhan Bank remains in the spotlight following mixed quarterly results. The lender reported a **52%** year-on-year decline in net profit, totaling **Rs 206 crore** for the December quarter.
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**Sequential Recovery**
Despite the annual drop, immediate performance showed strength. Profit after tax surged **84%** compared to the previous quarter, indicating a robust sequential recovery.
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**Business Growth**
Operational metrics continued to expand. Total deposits grew by **11%** year-on-year, while gross advances recorded a **10%** increase over the same period.