PNB Q4 Results: Cons net profit jumps 14% YoY to Rs 5,225 crore, but NII down 4%

Punjab National Bank (PNB) on Tuesday reported a net profit of Rs 5,225 crore for the fourth quarter of FY26, making a 14% year-on-year (YoY) rise compared with Rs 4,567 crore reported in the same quarter last year.

The state lender's net interest income (NII) declined nearly 4% YoY to Rs 10,380 crore from Rs 10,757 crore a year ago.

Asset quality improved on a sequential basis, with gross NPAs at 2.95% compared with 3.19% in the previous quarter, while net NPAs stood at 0.29% versus 0.32%.


Provisions came in at Rs 424 crore, lower than Rs 1,150 crore in the previous quarter but higher than Rs 360 crore reported in the year-ago period.

Alongside results, the bank has also recommended a dividend of Rs 3 per equity share, equivalent to 150% of the face value of Rs 2 each,
for FY26. The payout is subject to approval by shareholders at the upcoming Annual General Meeting.

Punjab National Bank posted an 11% rise in global business to Rs 29.72 lakh crore, with domestic business growing nearly 10% to Rs 28.45 lakh crore. Sequentially, global business was up 2.8%, while domestic business rose 3%. Global deposits increased 9.25% year-on-year and 3.08% quarter-on-quarter to Rs 17.11 lakh crore, while advances rose 13% YoY and 2.45% QoQ to Rs 12.61 lakh crore.

The lender's CASA ratio improved to 73.7% in the fourth quarter from 71.28% in the year-ago period.

At about 1:25 pm, PNB shares recovered losses to trade half a percent higher at Rs 109.25 on the BSE