PNB Housing Finance shares gained over 2% in early trade on July 22 after the company posted a strong set of earnings for the first quarter of FY26. As of 9:33 AM, the shares were trading 2.20% higher at Rs 1,108.10.
The housing finance firm reported a 23.2% year-on-year (YoY) jump in net profit to ₹533.5 crore for the quarter ended June 30, 2025, compared to ₹432.8 crore in Q1 FY25.
Revenue from operations rose 14% YoY to ₹2,076 crore, up from ₹1,823 crore in the same period last year. The company’s net interest income (NII)—a key profitability metric for lenders—increased 24.2% YoY to ₹688 crore, up from ₹554 crore in Q1 FY25. Gross margin, net of acquisition cost, stood at 4.06%.
PNB Housing also reported better asset quality across the board. Its gross non-performing assets (GNPA) ratio improved to 1.06% as of June 30, 2025, compared to 1.35% a year earlier and 1.08% in the previous quarter (March 31, 2025).
Retail GNPA also declined to 1.07%, from 1.39% in Q1 FY25 and 1.09% in Q4 FY25, indicating healthier collections and lower slippages in the retail loan portfolio.
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