Punjab National Bank is India’s first Swadeshi Bank. PNB is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. It is the Third largest PSU after IOB in India.
The results are scheduled to be published on 26th July, 2023.
Listen to Punjab National Bank’ Q1 earnings call live and check real-time transcript
Analysts have estimated that the India’s banking sector is expected to post a healthy growth in the quarter ended June 2023 despite seasonal headwinds and hardened interest rates. It will be driven by improvement in loan growth and continued on-year credit growth momentum.
Punjab National Bank reported Revenues for Q4FY23 a rise of 27.32% YoY. Total Expenses for Q4FY23 saw a rise of 22.13% YoY. Consolidated Net Profit of ₹1,876.00 Crores up 439.08% from ₹348.00 Crores in the same quarter of the previous year. The Earnings per Share went up 445.16% in the same quarter of the previous year.