Punjab National Bank (PNB) reported a remarkable 214% surge in net profit to ₹5,253 crore for Q1 FY27, driven by significantly improved , with Gross NPAs dropping to 2.78% and Net NPAs to 0.26%.
5253
Net Profit (Q1 FY27)
Q1 FY26: 1675→5253
📊 One chart explains it
PNB Net Profit (₹ Crore)
Takeaway: PNB's net profit saw a dramatic year-on-year increase in Q1 FY27, though sequential growth was modest.
Punjab National Bank announced a substantial surge in its Q1 FY27 net profit, reaching **₹5,253 crore**, a **214%** increase year-on-year. The public sector lender saw its asset quality significantly improve, with Gross Non-Performing Assets (NPAs) declining to **2.78%** from 3.78% a year ago, and Net NPAs falling to 0.26% (or 0.28% in some reports) from 0.38%. Net Interest Income (NII) grew over 2% to ₹10,798 crore, while global advances expanded by 13% and total deposits by 8.5%. Despite doubling provisions for bad loans to ₹792 crore, the bank’s strong performance signals improving financial health and operational efficiency.
💭 If you're wondering…
NIM is a measure of the difference between the interest income generated by banks and the amount of interest paid out to their lenders, relative to the amount of their interest-earning assets. It indicates how efficiently a bank is managing its assets and liabilities.
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