PNB Q2 FY27 Net Profit Jumps 12.8% to ₹5,532 Crore
Punjab National Bank (PNB) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The bank reported a significant year-on-year increase in Net Profit of 12.8%, reaching ₹5,532 Crore in Q2 FY'27, up from ₹4,904 Crore in Q2 FY'26. Global Business grew by 11.9% YoY to ₹31,18,434 Crore, with Deposits up 9.9% to ₹17,77,240 Crore and Advances up 14.7% to ₹13,41,194 Crore. Asset quality improved, with GNPA ratio declining by 90 bps to 2.55% and NNPA ratio by 11 bps to 0.25%. The Provision Coverage Ratio improved to 97.32%. Net Interest Income for Q2 FY'27 grew by 10.8% YoY to ₹11,601 Crore. Business per employee and per branch also saw improvements.
Key Highlights
- Net Profit surged 12.8% YoY to ₹5,532 Crore in Q2 FY'27.
- Global Business grew 11.9% YoY to ₹31,18,434 Crore.
- GNPA ratio improved to 2.55% from 3.45% YoY.
- NNPA ratio improved to 0.25% from 0.36% YoY.
- Net Interest Income rose 10.8% YoY to ₹11,601 Crore in Q2 FY'27.
Price Impact
More from PNB
PNB Q2 FY27: Conso PAT +21.7% YoY to ₹5,898 Cr as NPA-led provision drop offsets opex rise
PNB fined ₹808,250 by RBI for operational guideline non-compliance
PNB Board Meeting on Oct 16 to Approve Q2 FY27 Financials