Archive · 19 Jul 2026
PNB Q1 net profit surges 214% to ₹5,253 crore
Punjab National Bank (PNB) has reported a big increase in its profits for the first three months of the year 2026-27.
The bank made ₹5,253 crore in profit, which is more than three times what it made last year during the same period.
This increase is mainly because the bank had to pay less tax this time.
The bank also saw improvements in its overall performance, with better interest margins and fewer bad loans.
It also saw growth in deposits and loans, especially in areas like housing, vehicles, agriculture, and small businesses.
PNB's net profit surged 214% to ₹5,253 crore in Q1 FY27, compared to ₹1,675 crore in the same quarter last year.
The increase in profit was largely due to a lower income tax provision of ₹1,725 crore, compared to ₹5,083 crore in the previous year.
Net Interest Income (NII) rose 2.1% to ₹10,798 crore, with net interest margin improving to 2.50%.
Gross Non-Performing Asset (NPA) ratio improved to 2.78%, down from 3.78% in the previous year.
Global business grew 10.2% to ₹29.98 lakh crore, driven by an 8.5% rise in global deposits and a 12.7% increase in global advances.
- Who
- Punjab National Bank (PNB)
- What
- Reported a 214% increase in net profit for Q1 FY27
- When
- April-June quarter of Fiscal Year 2026-27
- Where
- India
- Why
- Due to a lower income tax provision and improved financial performance
- Net Profit
- ₹5,253 crore
- Net Profit (Previous Year)
- ₹1,675 crore
- Net Interest Margin (NIM)
- 2.50%
- Global Business Growth
- 10.2%
- Gross NPA Ratio
- 2.78%
- Net NPA Ratio
- 0.28%
- CASA Deposits
- ₹6 lakh crore
- CASA Share
- 36.7%
- Retail Advances Growth
- 17.5%
- Housing Loans Growth
- 11.9%
- Vehicle Loans Growth
- 34.4%
- Agriculture Priority Sector Advances Growth
- 16.4%
- MSME Advances Growth
- 19.8%
- Net Interest Income (NII)
- ₹10,798 crore
- Interest Income on Advances
- ₹23,061 crore
- Fee Based Income
- ₹2,339 crore
- Net Profit per Employee
- ₹21.71 lakhs
- Profit per Branch
- ₹2.03 crore
- Capital to Risk-Weighted Assets Ratio (CRAR)
- 18.13%
- Tangible Book Value per Share
- ₹108.58
- Global Deposits Growth
- 8.5%
- Global Advances Growth
- 12.7%
- Credit-Deposit Ratio
- 73.8%
