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PNB Q3 results: Profit jumps 12% YoY to ₹5,190 crore

PNB Q3 results: Government-owned Punjab National Bank (PNB) on Monday, January 19, reported an 11.6% year-on-year (YoY) rise in its consolidated net profit for the December quarter of the current financial year (Q3FY26) at ₹5,189.79 crore. In the same quarter last year, the public sector lender's profit was ₹4,648.60 crore. Operating profit before provisions and contingencies for the quarter under review stood at ₹7,570.32 crore compared to ₹6,651.62 crore in the same quarter last year, thus rising 13.8% YoY.

PNB Q3 results: Profit jumps 12% YoY to  ₹5,190 crore

Credit: Livemint

Key Highlights

  • Return on assets (RoA) improved to 1.06% in Q3 from 1.03% in the same quarter last year.
  • Provision coverage ratio (including TWO) improved by 22 bps YoY to 96.99% from 96.77% as on December 2024.
  • Net profit jumped 13.1% YoY to ₹5,100 crore, and operating profit rose by 13% YoY to ₹7,481 crore.
  • Net interest income (NII) in Q3FY26 was ₹10,533 crore, down 4.5% from ₹11,032 crore in Q3FY25.
  • Domestic net interest margin (NIM) came at 2.65% in Q3FY26 compared to 3.09% in the same quarter last year.
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Sources

  1. PNB Q3 results: Profit jumps 12% YoY to ₹5,190 crore

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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