PNB Housing Finance has announced its financial results for the second quarter of FY25, reflecting year-on-year (YoY) growth in both revenue and net profit. The company reported revenue from operations of ₹1,780.31 crore in Q2 FY25, representing a 4.6% increase from ₹1,702.86 crore in the same quarter last year. Net profit also saw a strong YoY rise of 22.7%, reaching ₹469.68 crore, compared to ₹383 crore in Q2 FY24.
Key Financial Highlights:
- Revenue from Operations: The company posted a revenue of ₹1,780.31 crore in Q2 FY25, up 4.6% YoY from ₹1,702.86 crore in Q2 FY24. Revenue also increased sequentially from ₹1,739.07 crore in Q1 FY25.
- Net Profit: Net profit after tax grew by 22.7% YoY to ₹469.68 crore in Q2 FY25, compared to ₹383 crore in the same quarter last year. The net profit also increased from ₹432.81 crore in Q1 FY25.
Half-Year Performance:
- Revenue: For the first half of FY25, PNB Housing Finance reported a total revenue of ₹3,519.38 crore, up from ₹3,369.80 crore in the same period last year.
- Net Profit: The net profit for H1 FY25 stood at ₹902.49 crore, compared to ₹730.32 crore in H1 FY24.
The company continues to display growth in both revenue and profitability, showing its strong operational performance.
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