Punjab National Bank (PNB) — Financial Results | 31 January 2025(5 announcements)

PNB reported consolidated net profit of ₹87.22 crores for Q3 FY2024-25, up 32% YoY, driven by improved income and lower provisions. Total income rose to ₹34,447.10 crores, while provisions declined significantly, reflecting better asset quality and recovery efforts.

PNB reported a 102.8% YoY jump in Q3 net profit to ₹4,508 crore, driven by strong NII growth of 7.2% to ₹11,032 crore and a 215 bps improvement in GNPA ratio to 4.09%. RoA rose to 1.03% and RoE to 19.22% in Q3 FY'25, while global business expanded 15.25% YoY to ₹26.39 trillion. The bank also highlighted 15.58% deposit growth and 14.79% advance growth YoY.

PNB reported a net profit of ₹87.22 crores for Q3 FY25, a 32% YoY increase from ₹65.98 crores in Q3 FY24, driven by a 69.9% YoY rise in total income to ₹1,000.28 crores. The results were reviewed by the Board and shared via an earnings call link provided on 31.01.2025.

PNB reported a net profit of ₹11032 crores for Q3 FY'25, up 7.2% YoY, driven by strong operating profit growth of 45bps to ₹6621 crores and a 215bps improvement in gross NPA to 4.09%. Return on assets stood at 1.03%, while net NPA rose 55bps to 0.41%. Profitability highlights include an 82.45% return on equity and earnings per share of ₹19.22. Asset quality trends show gross NPA declining from 4.80% to 0.46% over 12 periods, reflecting improved credit health. The bank raised ₹8,000 crores in capital via QIP and Tier-2 bonds, boosting CET1 to 12.45% and CRAR to 15.41%. Digital transactions grew 1.5x YoY, with 27.8 lakh WhatsApp Banking users and 3.74 lakh CBDC users. ESG initiatives included ₹10,518 crores in green financing and plantation of 2.92 lakh trees. Shareholding remains stable at 73.15% promoter stake, with top ratings reaffirmed. InvestorTakeaway: PNB is strengthening capital, digitizing operations, and improving asset quality, supporting long-term shareholder value through disciplined growth and regulatory resilience.

PNB reported consolidated net profit of ₹2222811206320 for Q3 FY25, up sharply from ₹450821 standalone in the prior period, reflecting strong operational recovery. Gross NPA ratio improved to 4.48% from 4.09%, while net NPAs rose slightly to 0.46%. The bank maintained 96.77% provisioning coverage and added ₹140.61 crore in provisions for standard restructured MSME loans. It raised ₹3,000 crore in Tier II capital via private placement in December 2024, fully compliant with Basel III norms and SEBI regulations. No covenant breaches were reported, and fund utilization was confirmed as per regulatory requirements.