PNB Gilts Limited reported a weak performance for the quarter ended March 31, 2026, with a sharp decline in profitability and operating performance on a year-on-year basis.
The company posted a net profit of ₹13.0 crore in Q4FY26, down 82.7% compared to ₹75.0 crore reported in the corresponding quarter last year.
Revenue from operations remained largely flat at ₹424.1 crore, as against ₹418.8 crore in Q4FY25, indicating muted topline growth during the quarter.
At the operating level, EBITDA stood at ₹330.7 crore in Q4FY26, declining 18.7% from ₹406.8 crore in the year-ago period. EBITDA margin contracted sharply to 78.0%, compared to 97.2% in Q4FY25, reflecting pressure on operating profitability.
The decline in performance was largely driven by higher expenses and lower gains compared to the previous year.
Separately, the board has recommended a final dividend of ₹2 per equity share (20% of face value) for FY26, subject to approval of shareholders at the upcoming Annual General Meeting. The dividend will be paid within 30 days of declaration.
Overall, the quarter reflects weak earnings performance with sharp decline in profitability and margins despite stable revenue, while the dividend announcement provides some support to shareholder returns.