You are here: Home » PTI Stories » National » News
Business Standard

Bandhan Bank Q2 net jumps 47.28 pc to Rs 487.65 cr

Press Trust of India  |  New Delhi 

Wednesday posted a 47.28 per cent jump in net profit to Rs 487.65 crore for the quarter ended September 30, 2018.

The Kolkata-based lender had reported net profit of Rs 331.09 crore in the corresponding quarter a year ago.

Total income of the for the quarter under review stood at Rs 1,836.07 crore, up 36.73 per cent, against Rs 1,342.76 crore as on September 30, 2017, said in a regulatory filing.

Bank's gross non-performing assets (NPA) stood at 1.29 per cent in the second quarter of this fiscal compared with gross NPA of 1.43 per cent reported in September 30, 2017.

Net NPA of the bank was at 0.69 per cent in the September quarter of this fiscal. It was 0.76 per cent in September 2017.

Shares of were trading 4.16 per cent higher at Rs 505.05 apiece on BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 14:45 IST
RECOMMENDED FOR YOU