StockWatch
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Public Sector Bank
Quarterly Result18 Jul 2026, 06:20 pm

Punjab & Sind Bank Q1 FY27 Net Profit Up 23% to ₹331 Cr

AI Summary

Punjab & Sind Bank reported its reviewed unaudited financial results for the quarter ended June 30, 2026. Net profit saw a significant year-on-year growth of 23.05%, increasing from ₹269 Cr to ₹331 Cr. Net Interest Income also grew by 15.33% to ₹1038 Cr. The bank demonstrated improved asset quality with Gross NPA decreasing by 113 bps to 2.21% and Net NPA by 26 bps to 0.65%. Total business registered a robust growth of 15.27%, reaching ₹266420 Cr, driven by a 19.35% increase in total advances. Return on Assets and Return on Equity also showed improvement.

Key Highlights

  • Net profit surged 23.05% YoY to ₹331 Cr.
  • Net Interest Income grew 15.33% YoY to ₹1038 Cr.
  • Gross NPA reduced by 113 bps to 2.21%.
  • Total advances increased by 19.35% YoY.
  • Return on Equity improved by 118 bps to 10.85%.