Bandhan Bank Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a strong turnaround in profitability and significant improvement in asset quality metrics. The Board of Directors approved these results at their meeting held on January 22, 2026.

Financial Performance Highlights

The bank delivered impressive quarterly results with net profit after tax reaching ₹20,559.09 lakhs (₹206 crore) for Q3 FY26, marking a substantial 84% quarter-on-quarter growth from ₹11,187.14 lakhs in Q2 FY26. This represents a recovery from the previous quarter's performance, though it remains below the ₹42,648.57 lakhs reported in Q3 FY25.

Business Growth and Asset Quality

The bank's total business crossed the ₹3 lakh crore milestone, driven by steady growth in both deposits and advances. Deposits stood at ₹1.57 lakh crore as of December 31, 2025, representing an 11% year-on-year growth. Gross advances reached ₹1.45 lakh crore, up 10% YoY, with secured advances growing 27% YoY and now constituting nearly 57% of the total loan book.

Asset quality showed remarkable improvement during the quarter. Gross NPA ratio declined significantly to 3.33% from 5.02% in Q2 FY26, while Net NPA ratio improved to 0.99% from 1.37% quarter-on-quarter. The Provision Coverage Ratio (including technical write-offs) stood at 84.30% as of December 31, 2025.

Operational Performance

Net Interest Income for Q3 FY26 stood at ₹2,68,830.07 lakhs, up 3.8% quarter-on-quarter from ₹2,58,855.84 lakhs in Q2 FY26. Net Interest Margin improved to 5.90% compared to 5.80% in the previous quarter. Interest earned totaled ₹5,43,123.92 lakhs, while interest expended was ₹2,74,293.85 lakhs.

Operating expenses increased to ₹1,93,430.22 lakhs from ₹1,82,464.46 lakhs in Q2 FY26, primarily driven by employee costs of ₹1,13,346.28 lakhs and other operating expenses of ₹80,083.94 lakhs. The bank maintained a strong capital adequacy ratio of 17.33%, well above regulatory requirements.

Nine-Month Performance

For the nine months ended December 31, 2025, the bank reported a net profit of ₹68,942.43 lakhs compared to ₹2,42,739.12 lakhs in the corresponding period of the previous year. Total income for nine months stood at ₹18,22,400.88 lakhs against ₹18,78,134.64 lakhs in 9M FY25. Operating profit before provisions was ₹4,42,375.99 lakhs compared to ₹5,81,734.98 lakhs in the previous year.

Segment Performance

The bank's retail banking segment contributed ₹5,49,199.05 lakhs in revenue for Q3 FY26, while wholesale banking generated ₹70,384.50 lakhs. Treasury operations contributed ₹72,917.10 lakhs to the quarter's revenue. The retail banking segment showed improved profitability with segment results improving from negative ₹4,776.08 lakhs in Q2 FY26 to negative ₹3,765.88 lakhs in Q3 FY26.

Management Commentary

Managing Director & CEO Partha Pratim Sengupta commented on the bank's performance, stating that the third quarter results reflect strengthening fundamentals and steady turnaround. He emphasized the bank's commitment to accelerating digital initiatives in Q4 aimed at enhancing customer experience, operational efficiency, and scalability, positioning the bank for sustainable and profitable growth.

The bank's distribution network spans over 6,350 outlets across 35 states and union territories, serving 3.25 crore customers with a workforce of more than 74,500 employees. CASA deposits stood at ₹42,730 crore with a CASA ratio of 27%, while the CASA plus retail term deposits to total deposit ratio remained above 72%.

Bandhan Bank Limited has announced its quarterly earnings conference call to discuss financial performance for Q3FY26 and the nine-month period ended December 31, 2025. The earnings call is scheduled for January 22, 2026, providing investors and analysts with insights into the bank's recent operational and financial developments.

Earnings Call Schedule and Access Details

The conference call will commence at 5:00 PM IST on Thursday, January 22, 2026. The bank has arranged multiple time zone accommodations to ensure global participation:

Participants can join the call through the DiamondPass™ express join feature, which offers no wait time access. The bank has also provided traditional dial-in numbers for various countries to ensure comprehensive accessibility.

International Participation Options

Bandhan Bank has established multiple dial-in options to accommodate international participants:

The bank recommends that participants using dial-in numbers connect 10 minutes prior to the scheduled time to ensure seamless participation.

Regulatory Compliance and Communication

This earnings call announcement was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification, signed by Company Secretary Indranil Banerjee on January 16, 2026, represents a continuation of the bank's earlier communication dated January 13, 2026.

The announcement has been simultaneously uploaded to the bank's official website and communicated to both BSE Limited and the National Stock Exchange of India Limited. The bank's investor relations team will facilitate the call, providing stakeholders with comprehensive insights into Q3FY26 and nine-month financial performance metrics.

Corporate Information and Contact Details

Bandhan Bank Limited operates from its head office located at Floors 12-14, Adventz Infinity@5, BN 5, Sector V, Salt Lake City, Kolkata 700091. The bank maintains active communication channels through its investor relations team, accessible via investor.relations@bandhanbank.com , ensuring continued engagement with the investment community throughout the earnings disclosure process.