Punjab National Bank (PNB) Q2 FY27 Financial Results: PAT ₹5,253 Cr & Revenue ₹29,980 Cr(3 announcements)

PNB reported a 213.6% YoY jump in net profit to ₹5,253 crore for Q1 FY27, driven by strong growth in advances and deposits, while its CRAR rose to 18.13% and GNPA ratio improved to 2.78%. The bank’s global business expanded 10.2% YoY to ₹29.98 lakh crore, with deposits and advances growing 8.5% and 12.7% respectively. Operating profit rose 6.2% YoY to ₹7,519 crore, and net interest income grew 2.1% YoY to ₹10,798 crore. The filing highlights improved asset quality, with GNPA declining by ₹7,292 crore YoY, and notable progress in digital transactions and financial inclusion initiatives.

PNB reported a net profit of ₹5,253 crores for Q1 FY27, a +213.6% YoY increase, with gross NPA at 0.28% and net NPA at 0.68%. Operating profit stood at ₹5,253 crores, reflecting strong growth in advances (₹12,73,132 crores) and deposits (₹17,24,837 crores), while cost-to-income ratio improved to 50.31%. The bank maintained a CET-1 capital ratio of 14.52% and a tier-1 ratio of 16.82%, supporting capital adequacy. Digital initiatives, including AI integration with Microsoft and ESG-focused green financing, underpin strategic growth. Forward guidance projects net profit growth above 1%, credit growth of 12%-13%, and NIM of 2.60%-2.70% for FY27.

PNB announced that its unaudited reviewed financial results for Q1 FY2026 will be discussed in an earnings call on 18 July 2026 at 3:00 PM IST, with the audio/video recording available via a link on its website.