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Punjab & Sind Bank Q2FY24; 32% 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 Q2FY24 of ₹2,406.00 Crores up from ₹1,980.00 Crore year on year, a rise of 21.52%.

Total Expenses for Q2FY24 of ₹2,379.00 Crores up from ₹1,928.00 Crores year on year, a rise of 23.39%.

Consolidated Net Profit of ₹189.00 Crores down 32.01% from ₹278.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.28, down 31.71% from ₹0.41 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.

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