Bandhan Bank Q3 Profit Plunges 52% YoY, Misses Estimates Despite Sequential Growth

• Bandhan Bank reported a net profit of ₹205.6 crore for Q3, a 51.6% year-on-year decline from ₹426 crore.
• The Q3 net profit missed CNBC-TV18 poll estimates of ₹217 crore, and net interest income also fell short.
• Sequentially, net profit surged 84% to ₹206 crore from ₹112 crore in Q2 FY26, showing a turnaround.
• Total business crossed ₹3 lakh crore, with deposits up 11% YoY to ₹1.57 lakh crore and advances up 10% YoY to ₹1.45 lakh crore.
• MD & CEO Partha Pratim Sengupta highlighted strengthening fundamentals and plans for digital acceleration in Q4 for sustainable growth.

Why It Matters: Bandhan Bank's Q3 profit fell sharply year-on-year, missing estimates, but showed strong sequential recovery.