Q2 Results Live: DLF, Punjab National Bank, Bajaj Housing Finance, Federal Bank, LTM, Oberoi Realty In Focus

Q1 Recap For PNB

Punjab National Bank’s net profit for the first quarter of fiscal 2027 tripled year-on-year, according to an exchange filing on Saturday. 

The bank posted a bottom-line of Rs 5,253 crore, compared to Rs 1,675 crore in the corresponding period of last year. Net interest income, the difference between interest earned and interest paid, rose 2% to Rs 10,798 crore from Rs 10,578 crore. 

Provisions doubled to Rs 792 crore from Rs 396 crore in the year-ago period. Asset quality improved slightly with net NPA down 1 basis point to 0.28% from 0.29%, and Gross NPA down 17 basis points to 2.78% from 2.95%.