Punjab National Bank Reports 12-13% Rise in Q3 Net Profit to Rs 5,100 Crore

Punjab National Bank (PNB) reported a 12-13 percent year-on-year rise in consolidated net profit for Q3 FY26, reaching around Rs 5,100 crore, up from approximately Rs 4,500 crore a year earlier. Total income increased to over Rs 37,000 crore, supported by higher interest income. Asset quality improved with gross NPA ratio declining to about 3.19 percent and net NPA to 0.32 percent. The bank's capital adequacy ratio rose to 16.77 percent. Sequential profit growth was driven by controlled expenses and lower provisions.