Punjab National Bank — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Punjab National Bank reported Q1 FY27 net profit of Rs 5,253 crore with operating profit of Rs 7,519 crore, up 6.2% year-on-year, while gross NPA improved to 2.78% and net NPA to 0.28%. Global business grew 10.2% year-on-year to Rs 29.98 lakh crore, with advances up 12.7% despite a reduction in low-yielding IBPC exposure, and core advances growing 15.4%. Management described sequential improvement in domestic and global net interest margins, continued digital and AI initiatives, and provided detail on ECL transition provisioning, treasury income, and sector-wise loan exposures.
Punjab National Bank reported Q4 FY26 net profit of INR5,225 crores, up 14.4% year-on-year, with operating profit at INR7,500 crores, up 10.7% from the year-ago quarter. Gross NPA fell to 2.95% and net NPA to 0.29% as of March 2026, while advances grew 12.7% year-on-year to INR12.59 lakh crores despite a reduction in IBPC exposure. Management said domestic NIM stood at 2.61% for Q4 and full-year net profit growth was 9.2%, above the bank's earlier guidance of 8% to 9%.