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Bandhan Bank Q3 net profit surges over two-fold to Rs 731 cr; gross NPAs decline to 1.93%

New Delhi: Bandhan Bank on Tuesday reported over two-fold jump in net profit to Rs 731.03 crore for the third quarter ended 31 December, 2019.

The private sector lender had logged a profit of Rs 331.25 crore in October-December, 2018-19.

Total income increased to Rs 3,075.31 crore in the quarter under review as against Rs 1,883.65 crore in the year-ago period, Bandhan Bank said in a statement.

Gross non-performing assets (NPAs) declined to 1.93 percent of the total advances during the quarter, against 2.41 percent at the end of the third quarter of the previous fiscal.

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