Punjab National Bank (PNB) — Financial Results | 30 July 2025(4 announcements)

PNB reported a 28.3% YoY increase in profit before tax to ₹6,758 crores for Q1 FY'26, driven by a 15.7% YoY rise in total income to ₹37,232 crores and a 11.9% YoY growth in total interest income to ₹31,964 crores. Global business assets expanded 11.6% YoY to ₹27,19,276 crores, while deposits grew 12.9% to ₹15,89,379 crores and advances rose 9.8% to ₹11,29,898 crores. The bank achieved its highest-ever operating profit of ₹7,081 crores, improved provision coverage ratios, and reduced GNPA to 3.78%. CRAR strengthened to 17.50% from 15.79% a year earlier.

PNB reported consolidated net profit of ₹87.22 crores for Q1 FY2025, up 32% YoY, driven by improved asset quality and higher treasury income. Gross NPAs stood at 70.08% with no material deviation from regulatory norms. The Board approved results on July 30, 2025, following limited review due to insufficient independent directors. Treasury segment revenue reached ₹14.17 lakh crores, while retail banking showed minimal segment revenue. Provisioning coverage improved to 96.88%, and a one-time deferred tax charge of ₹3,324.24 crores impacted results due to the new tax regime.

PNB reported a net profit of ₹87.22 crores for Q1 FY25, a 32% YoY increase from ₹65.98 crores in Q1 FY24, driven by a 69.9% YoY rise in total income to ₹69,665.58 crores, reflecting strong loan growth and improved asset quality.

PNB reported a 69.9% YoY jump in net profit to ₹32.53 crore for Q1 FY26, driven by strong retail loan growth and improved asset quality, with gross NPA declining to 3.78% and net NPA to 0.38%. Operating profit rose to ₹7,081 crore amid 11.8% YoY growth in global business, while core retail advances surged 17.7% YoY, particularly in home and vehicle loans. The bank maintained a healthy CRAR of 17.5% and CET-1 ratio of 12.95%, supporting its FY'26 guidance of 11-12% credit growth and 2.8-2.9% NIM. Digital initiatives, including 294 lakh WhatsApp users and ₹2382 Cr in green financing sanctions, underscore its tech-driven sustainability focus.