PNB Housing Finance has released its financial results for the second quarter of FY25, showing a strong performance with year-on-year (YoY) increases in both revenue and net profit. The company’s revenue from operations for Q2 FY25 stood at ₹1,780.31 crore, marking a 4.6% growth from ₹1,702.86 crore in the same quarter last year. Additionally, the company’s net profit surged by 22.7% YoY to ₹469.68 crore from ₹383 crore in Q2 FY24.
Key Financial Highlights:
- Revenue from Operations: PNB Housing Finance posted a revenue of ₹1,780.31 crore in Q2 FY25, up 4.6% compared to ₹1,702.86 crore in Q2 FY24. Sequentially, revenue increased from ₹1,739.07 crore in Q1 FY25.
- Net Profit: The company’s net profit after tax for Q2 FY25 grew by 22.7% YoY to ₹469.68 crore from ₹383 crore in the same quarter last year. The net profit also increased from ₹432.81 crore in Q1 FY25.
Half-Year Performance:
For the first half of FY25, the company reported a total revenue of ₹3,519.38 crore, compared to ₹3,369.80 crore in the same period last year. The net profit for the first half stood at ₹902.49 crore, up from ₹730.32 crore in H1 FY24.
PNB Housing Finance continues to demonstrate solid growth with improvements in both revenue and profitability, reflecting its robust operational performance and strategic focus. The YoY growth in net profit highlights the company’s efficient cost management and steady demand for housing finance solutions.
