StockWatch
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Public Sector Bank
Quarterly Result18 Jul 2026, 01:00 pm

PNB Q1 FY'27 Net Profit Soars 213.6% to ₹5,253 Crore

AI Summary

Punjab National Bank (PNB) announced its unaudited financial results for the quarter ended June 30, 2026, reporting a significant year-on-year increase in net profit by 213.6% to ₹5,253 Crore, up from ₹1,675 Crore in the same quarter last year. The bank's Return on Assets (RoA) improved by 67 basis points to 1.04%. Global business grew by 10.2% YoY to ₹29.98 Lakh Crore, with deposits up 8.5% and advances up 12.7%. Asset quality saw improvement with Gross Non-Performing Assets (GNPA) ratio declining to 2.78% and Net Non-Performing Assets (NNPA) ratio to 0.28%. The bank also reported growth in various loan segments, including core retail, housing, vehicle, agriculture, and MSME advances.

Key Highlights

  • Net profit surged 213.6% YoY to ₹5,253 Crore in Q1 FY'27.
  • Global business grew 10.2% YoY to ₹29.98 Lakh Crore.
  • GNPA ratio improved to 2.78% and NNPA ratio to 0.28%.
  • RoA increased by 67 bps to 1.04% in Q1 FY'27.
  • Advances grew 12.7% YoY to ₹12.73 Lakh Crore.