Bandhan Bank Q3 Results: Date, Time, Earnings Call Details And More

Bandhan Bank is slated to announce its financial statement for the December 2024 quarter this week. The private sector released its Q3 business update earlier this month, posting a 15% year-on-year increase its loans and advances. Bandhan Bank's loans and advances in the quarter under review stood at Rs 1,33,285 crore in comparison to Rs 1,15,940 crore in the second quarter of last fiscal. Total deposits in Q3 grew 20% YoY to Rs 1,40,999 crore up from Rs 1,17,422 crore in the same quarter last year.

Here's all you need to know about the Q3 results of Bandhan Bank.

Bandhan Bank, in an exchange filing on Jan.  22, stated that its board will meet on Jan. 31, Friday, to discuss and approve the financial statements for  Q3. 

"This is to inform that a Meeting of the Board of Directors of Bandhan Bank Limited (the ‘Bank’) is scheduled to be held on Friday, January 31, 2025, at Kolkata, to, inter alia, consider and approve the Unaudited Financial Results of the Bank for the quarter (Q3) and nine months ended December 31, 2024," the company stated.

The trading window for dealing in the securities of the bank's shares will remain closed for the promoter group, designated persons and their immediate relatives till the expiry of 48 hours after the declaration of the results. 

The bank will also host an analyst call on Friday after the announcement of the results. The call will begin at 5 p.m. on Jan. 31. 

One can dial +91 22 6280 1208, +91 22 7115 8286 or click on the link shared by Bandhan Bank to participate in the earnings call.

Shares of Bandhan Bank have traded nearly flat over the past five days, down by 0.16% on the NSE. The stock has fallen more than 5.4% over the past month and nosedived around 31.56% in the last six months. Over the past year, Bandhan Bank shares have slipped more than 32% on the NSE. 

Bandhan Bank posted a standalone net profit of Rs 937 crore in September 2024 quarter in comparison to Rs  721 crore in the year-ago period. The bank's net interest income jumped 21% year-on-year to Rs 2,948 crore. The lender's net non-performing assets stood at 1.29% in Q2.