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

Manufacturing Projected To Account For One-fifth Of India's GDP By FY30

Manufacturing Projected To Account For One-fifth Of India's GDP By FY30

GST Rate Cuts Power Festive Demand And Manufacturing Output: Report

GST Rate Cuts Power Festive Demand And Manufacturing Output: Report

TRAI Disconnects Over 21 Lakh Mobile Numbers In Crackdown On Spam & Fraud

TRAI Disconnects Over 21 Lakh Mobile Numbers In Crackdown On Spam & Fraud

LIC Increases Stake In Tata Group Firm Voltas, Company Confirms Post Market Close

LIC Increases Stake In Tata Group Firm Voltas, Company Confirms Post Market Close

Adani Electricity Launches Special Appliance Offer With Discounts Upto 60 Per Cent For Customers

Adani Electricity Launches Special Appliance Offer With Discounts Upto 60 Per Cent For Customers