PNB Q2 Results: Net profit jumps 145% to ₹4,303 crore; NII up 6% YoY | Stock Market News
Source: Live Mint
Punjab National Bank (PNB) on Monday reported a net profit of ₹4,303.5 crore in the quarter ended September 2024, recording a substantial growth of 145% from ₹1,756 crore, in the year-ago quarter.
PNB’s net interest income (NII), or the difference between interest earned and interest paid, in Q2FY25 increased 6% to ₹10,517 crore, from ₹9,923 crore, YoY.
PNB share price jumped more than 5% after the announcement of Q2 results. At 2:10 pm, PNB share price were trading 5.38% higher at ₹100.95 apiece on the BSE.
