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Punjab & Sind Bank Q1FY24; 25% fall in Profits

Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections.

Financial Results:

Punjab & Sind Bank reported Revenues for Q1FY24 of ₹2,316.00 Crores up from ₹1,800.00 Crore year on year, a rise of 28.67%.

Total Expenses for Q1FY24 of ₹2,260.00 Crores up from ₹1,633.00 Crores year on year, a rise of 38.4%.

Consolidated Net Profit of ₹153.00 Crores down 25.37% from ₹205.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.23, down 23.33% from ₹0.30 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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