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
Punjab & Sind Bank announced Q4FY24 results: Operating Profit sequentially increased by 21.30% (QoQ) Net Profit sequentially grew by 21.93% (QoQ) Cost to Income Ratio sequentially improved by 536 bps (QoQ) Retail Term Deposits increased by 8.04 % (YoY) Non-Interest Income increased by 29.89% (YoY) Gross NPA ratio improved by 154 bps from 6.97% to 5.43% (YoY) Net NPA ratio improved by 21 bps from 1.84% to 1.63% (YoY) Result PDF