New Delhi, May 5 (PTI) State-owned Punjab National Bank (PNB) on Tuesday reported a 14.4 per cent year-on-year rise in net profit to Rs 5,225 crore for the three months ended March 2026, driven by higher interest income.
The lender had earned a net profit of Rs 4,567 crore in the year-ago period.
However, the bank’s total income fell to Rs 36,319 crore during the quarter under review from Rs 36,705 crore a year ago, PNB said in a regulatory filing.
Interest income grew to Rs 32,157 crore from Rs 31,989 crore in the fourth quarter of the previous financial year.
On the asset quality front, the bank’s gross Non-Performing Assets (NPAs) improved to 2.95 per cent of gross advances as compared to 3.95 per cent by the end of March 2025.
Similarly, net
NPAs came down to 0.29 per cent from 0.4 per cent.
The board also recommended a dividend of Rs 3 per equity share for FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting of the bank. PTI SP DRR
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