PNB’s net profit increased 3 times
PNB: Public sector Punjab National Bank (PNB) released its financial results on Saturday. Punjab National Bank said in the information given to the stock market that in the April-June quarter of the current financial year, its net profit on standalone basis increased more than 3 times to Rs 5,253 crore. Earlier, in the same quarter of financial year 2025-226, the net profit of the bank was Rs 1,675 crore.
PNB’s interest income was Rs 32,897 crore in the first quarter
Punjab National Bank said in an exchange filing that its total income remained stable at Rs 37,231 crore for the first quarter ending June 2026. However, the bank’s interest income increased slightly to Rs 32,897 crore from Rs 31,964 crore in the same quarter a year ago. During this period, the bank’s operating profit increased to Rs 7,519 crore, compared to Rs 7,081 crore in the same quarter a year ago.
Net NPA of government bank came down to 0.26 percent
The asset quality of this public sector bank improved. The bank’s gross non-performing assets (NPAs) declined to 2.78 percent of total loans in the June quarter, from 3.78 percent a year ago. Similarly, net NPA i.e. bad loans also reduced to 0.26 percent, whereas it was 0.38 percent in the same quarter last year. Gross NPA in total amount declined to Rs 35,381 crore from Rs 42,673 crore in the June quarter of 2025-26 a year ago. Net NPA declined to Rs 3,433 crore which was Rs 4,132 crore in the same quarter a year ago.
PNB shares closed with gains
Let us tell you that shares of Punjab National Bank closed at Rs 105.80 with a rise of Rs 0.60 (0.57%) on BSE. During trading yesterday, shares of the bank ranged from an intraday low of Rs 104.60 to an intraday high of Rs 106.10. The 52 week low of Punjab National Bank shares on BSE is Rs 98.50, while its 52 week high is Rs 135.15. Let us tell you that the country’s most valuable company Reliance Industries had released its financial results on Friday.
Comments are closed.