Punjab National Bank (PNB) reported a 52% year-on-year (YoY) jump in standalone net profit for Q4 FY25 at ₹4,567 crore, compared to ₹3,010 crore in the same quarter last year. The robust growth was driven by a significant rise in interest income and a sharp improvement in asset quality.
Net Interest Income (NII) — the difference between interest earned and interest expended — rose to ₹10,756 crore from ₹10,363 crore YoY, reflecting 3.8% YoY consistent lending momentum and improved spreads.
Total income for the quarter rose to ₹36,705 crore from ₹32,361 crore YoY, while interest earned increased to ₹31,990 crore from ₹28,114 crore. Provisions (excluding tax) declined to ₹359 crore from ₹1,588 crore in Q4 FY24, which further supported profitability.
The bank’s operating profit before provisions and contingencies came in at ₹6,776 crore. Tax expenses stood at ₹1,849 crore for the quarter.
On the asset quality front, PNB posted marked improvement. Gross Non-Performing Assets (GNPA) stood at ₹44,081 crore with a GNPA ratio of 3.95%, improving from ₹56,343 crore and 5.73% in Q4 FY24. Net NPAs dropped to ₹4,291 crore, with the NNPA ratio at 0.40% compared to 0.73% a year earlier.
Key highlights:
-
Net profit: ₹4,567 crore vs ₹3,010 crore (⬆️ 52% YoY)
-
Total income: ₹36,705 crore vs ₹32,361 crore (⬆️ 13.4% YoY)
-
Gross NPAs: ₹44,081 crore vs ₹56,343 crore
-
GNPA ratio: 3.95% vs 5.73%
-
Net NPAs: ₹4,291 crore vs ₹6,798 crore
-
NNPA ratio: 0.40% vs 0.73%
-
EPS: ₹3.97 vs ₹2.73
-
Capital adequacy ratio (Basel-III): 17.01% vs 15.97%
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
