Punjab & Sind Bank Q2 FY27 Net Profit Up 39.66% YoY to ₹412 Cr

Punjab & Sind Bank reported its reviewed unaudited financial results for the quarter and half-year ended September 30, 2026. Net profit for Q2 FY27 surged by 39.66% year-on-year to ₹412 Cr, up from ₹295 Cr in Q2 FY26. On a quarter-on-quarter basis, net profit grew by 24.47% from ₹331 Cr. Operating profit also saw significant growth, increasing by 22.38% YoY to ₹618 Cr for the quarter. Key performance indicators showed improvement, with Gross NPA decreasing by 83 bps to 2.09% and Net NPA reducing by 22 bps to 0.61% YoY. Total business grew by 15.73% to ₹279,231 Cr, driven by a 19.28% increase in total advances and a 12.97% rise in total deposits. Return on Assets improved by 16 bps to 0.88% YoY, and Net Interest Margin (NIM) increased by 17 bps to 2.77% YoY.