# Bandhan Bank Q2 Profit Surges

> Bandhan Bank's Q2 profit jumps 5.6 times as asset quality improves.
- Title: Bandhan Bank Q2 Profit Surges · The Economic Times | Shortify
- Summary: Bandhan Bank's Q2 profit jumps 5.6 times as asset quality improves. Bandhan Bank reported a 5.6x Q2 profit jump to Rs 622 crore from Rs 112 crore, driven by…
- Keywords: bandhan bank, q2 profit, asset quality, provisions, net interest income, gross npa ratio, banking sector, money, business, Bandhan, Bank, Profit
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/bandhan-bank-q2-profit-jumps-5-6-times-as-asset-quality-improves/articleshow/135265654.cms
- Author: Atmadip Ray
- Published: 2026-10-28T12:32:00+00:00
- Read time: 1 min
- Topics: bandhan bank, q2 profit, asset quality, provisions, net interest income, gross npa ratio, banking sector, money, business
## Bandhan Bank Q2 Profit
Bandhan Bank reported a 5.6 times jump in Q2 profit to Rs 622 crore from Rs 112 crore.

> Bandhan Bank posts its strongest profit in eight quarters as asset quality improves
## Asset Quality Improves
Gross non-performing assets ratio dropped to 3.11% from 5.02% year-ago.

> The Kolkata-headquartered private sector lender managed to reduce gross non-performing assets ratio to 3.11% at the end of September from 5.02% a year prior
## Provisions Decline
Provisions (other than tax) fell to Rs 718 crore from Rs 1,153 crore.

> The provisions (other than tax) and contingencies charged to the profit and loss account for the quarter were at Rs 718 crore compared with Rs 1,153 crore earlier
## Net Interest Margin Grows
Net interest margin improved to 6.1% from 5.8% year-ago.

> Its net interest margin for the second quarter improved to 6.1% from 5.8% in the same period last year
## Lending Expands
Gross advances grew 13% to Rs 1.58 lakh crore, deposits rose 9% to Rs 1.73 lakh crore.

> The bank's gross advances stood at Rs 1.58 lakh crore at the end of September, growing 13% year-on-year while deposits rose 9% to Rs Rs 1.73 lakh crore
## Management Statement
Managing director says this is best profit in last eight quarters, driven by diversified portfolio.

> I would like to highlight that this is the best profit number in the last eight quarters, instead of the 5.6 times rise, which is a reflection of steady growth helped by a shift towards a more secular and diversified advance portfolio
## Key takeaway

Bandhan Bank reported a 5.6x Q2 profit jump to Rs 622 crore from Rs 112 crore, driven by lower provisions and improved asset quality.