Banking #punjab national bank#net profit
Punjab National Bank Q1 net profit surges 213% to Rs 5,253 crore on lower tax outgo
Punjab National Bank (PNB) posted a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, a 213.6% jump from Rs 1,675 crore a year earlier. The surge was aided by a steep 66.1% decline in tax outgo, even as non-interest income fell 17.7%. Asset quality improved with gross NPA ratio falling to 2.78% from 3.78%.
Jul 18, 2026 1 source