CE-MAT 2025

PNB Q2 Results: Net profit stand at Rs 4,303 crore, shares revive up to 5%

The Bank has witnessed significant improvement in asset quality, with gross non-performing assets (NPA) declining to 4.48%, down from 4.98% in the previous quarter.

PNB Q2 Results: Net profit stand at Rs 4,303 crore, shares revive up to 5%
PNB Q2 Results: Net profit stand at Rs 4,303 crore, shares revive up to 5%

State-owned Punjab National Bank has reported robust financial Q2 results for FY25, with net profit reaching to Rs 4,303.5 crore, a sharp increase from Rs 1,756 crore in the same period last year. The bank's net interest income (NII) grew by 6%, reaching Rs 10,517 crore compared to Rs 9,923 crore year-on-year, reflecting healthy momentum in core lending.

The Bank has witnessed significant improvement in asset quality, with gross non-performing assets (NPA) declining to 4.48%, down from 4.98% in the previous quarter. Similarly, net NPA fell to 0.46%, compared to 0.60% in the prior quarter, underscoring the bank's efforts to strengthen its balance sheet and manage credit risk effectively.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel CE-MAT 2025

Read Also : OPEC+ members expected to hike oil production in August 2025; Check details

The Bank’s Savings Deposits increased to Rs 4,88,635 crore, registering a growth of 3.7% YoY. Current Deposits rose 1.6% YoY to Rs 68,104 crore. CASA Deposits growth at 3.4% to Rs 5,56,739 crore, while CASA share of the bank stands at 39.31% as of September 2024.

The bank’s shares reacted positively to the earnings release, trading above Rs 100 on the BSE, up nearly 5% from the previous close.

Read Also : CBI Arrests Northern Railways Engineer and Trackman in 34000 Rupees Bribery Case

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions