PNB Q2 results: Net profit rises 145% to ₹4,303 crore; NII increased by 6% on annual basis

PNB Q2 results: Net profit rises 145% to ₹4,303 crore; NII increased by 6% on annual basis


Punjab National Bank (PNB) reported net profit on Monday Rs 4,303.5 crore in the quarter ended September 2024, registering a substantial growth of 145% It was Rs 1,756 crore in the year-ago quarter.

PNB’s net interest income (NII), or the difference between interest earned and interest paid, rose 6% in Q2FY25 from Rs 10,517 crore 9,923 crores, annually.

PNB’s share price jumped more than 5% after the announcement of second quarter results. At 2:10 pm, PNB share price was trading 5.38% higher 100.95 per share on BSE.

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