February 12, 2025

Punjab National Bank Q3 Results, Net Profit Increase 102%

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Punjab National bank

Punjab National Bank Q3 Results are out now. Punjab National Bank Net Profit increased Y-o-Y by 102.8% to 4,508 Crore in Q3 FY’25 as against 2,223 Crore in Q3 FY’24. Punjab National Bank Total Income increased Y-o-Y by almost 15% to 34,751 Crore in Q3 FY’25 as against 29,961 Crore in Q3 FY’24.

Punjab National Bank Savings Deposits increased to ₹ 4,92,138 Crore registering a Y-o-Y growth of 2.8%. Bank’s Current Deposits increased to ₹ 70,018 Crore registering a Y-o-Y growth of 2.0%. Punjab National Bank CASA Deposits increased to ₹ 5,62,156 Crore recording a Y-o-Y growth of 2.7%.

The bank’s Total Retail credit increased by 22.6% Y-o-Y to ₹ 2,62,627 Crore as of December’24. The bank’s Housing Loan grew by 17.3% Y-o-Y to ₹ 1,11,230 Crore. Punjab National Bank Vehicle loan posted a growth of 26.8% Y-o-Y to reach ₹ 24,663 Crore.

Also Read: Suzlon Energy Q3 Result, Net Profit almost double

Punjab National Bank % of Gross NPAs in Q3 FY’25 Stands at 4.09% as against 6.24% in Q3 FY’24. Punjab National Bank % of Net NPAs in Q3 FY’25 Stands at 1.03% as against 0.58% in Q3 FY’24

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