Punjab & Sind Bank announced Q2FY25 results Financial Highilights: Operating Profit (Q2) up by 76.15% (YoY). Net Profit (Q2) up by 26.98 % (YoY). Net Interest lncome (Q2) up by 29.33% (YoY). Net Interest Margin (Q2) rises by 38 bps to 2.71% (YoY). Cost to Income ratio(%) reduces by 958 bps to 62.82% (YoY). Return on Assets(%) improves by 13 bps (YoY). Gross NPA (%) reduced by 202 bps (YoY). Net NPA (%) reduced by 42 bps (YoY). PCR (%) improved by 48 bps (QoQ). Business Highlights: Total Business registered a growth of 8.40% (YoY) and stood at Rs 2,15,057 crore. Total Deposit grew by 6.48% (YoY). Retail Term Deposits registered a growth of 8.94% (YoY). Total advances grew by 11.14% (YoY). RAM advances registered a healthy growth of 18.09% (YoY). RAM Advances (%) to Gross Advances improved by 317 bps from 50.69% to 53.86%. Result PDF
Punjab & Sind Bank announced Q1FY25 results: Financial Highlights YoY basis: Total Business registered a growth of 7.10 % and stood at Rs 2,08,331 crore. Total Deposit grew by 5.59 %, and Retail Term Deposits shown a good growth of 10.15%. Total advances grew by 9.24%, whereas RAM advances registered a healthy growth of 15.69%. Retail advances grew by 22.99% and MSME advances grew by 13.63%. RAM Advances (%) to Gross Advances improved by 292 bps from 49.57% to 52.49%. Operating Profit up by 23.35 % and Net Profit up by 18.95%. Gross NPA ratio improved by 208 bps and Net NPA ratio improved by 36 bps. CD Ratio of the Bank improved by 244 bps from 70.32% to 72.76% Financial Highlights QoQ basis: Net Profit up by 30.94 %. Net Interest Income grew by 23.37 %. Yield on Investment (%) improved by 23 bps. Net Interest Margin (%) of the Bank improved by 37 bps. Return on Avg. Assets (%) improved by 12 bps. CRAR (%) improved by 14 bps from 17.16% to 17.30%. Result PDF