PNB Q3 net profit more than doubles to Rs 1,127 cr, total income slips

PNB Q3 net profit more than doubles to Rs 1,127 cr, total income slips

AgenciesUpdated: Thursday, January 27, 2022, 07:58 PM IST
article-image
PNB earned a net profit of Rs 506.03 crore in the year-ago period. |

Punjab National Bank (PNB) reported a two-fold jump in standalone net profit at Rs 1,126.78 crore for the third quarter ended December.

The bank had earned a net profit of Rs 506.03 crore in the year-ago period.

The bank's total income during October-December 2021 declined to Rs. 22,026.02 crore as against Rs 23,298.53 crore in the year-ago period, PNB said.

(With inputs from PTI)

RECENT STORIES

China Tightens Tax Net On Online Sellers To Boost Revenue Amid Economic Slowdown

China Tightens Tax Net On Online Sellers To Boost Revenue Amid Economic Slowdown

Pakistan’s Claimed 3.7 Per Cent Q1 FY26 Growth An Accounting Illusion Driven By Subsidies And...

Pakistan’s Claimed 3.7 Per Cent Q1 FY26 Growth An Accounting Illusion Driven By Subsidies And...

Copper Futures Rise Over 1 Per Cent To ₹1,306.45 Per Kg On MCX Amid Global Supply Concerns

Copper Futures Rise Over 1 Per Cent To ₹1,306.45 Per Kg On MCX Amid Global Supply Concerns

Hindustan Copper Shares Hit 16-Year High At ₹570, Deliver 150% Return From 52-Week Low

Hindustan Copper Shares Hit 16-Year High At ₹570, Deliver 150% Return From 52-Week Low

Rupee Extends Fall For 4th Straight Session; Ends 8 Paise Lower At 90.28 Against US Dollar

Rupee Extends Fall For 4th Straight Session; Ends 8 Paise Lower At 90.28 Against US Dollar