Categories AlphaGraphs, Earnings, Finance

Punjab National Bank Q2FY24; 301% rise in Profits

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.

Financial Results:

Punjab National Bank reported Revenues for Q2FY24 of ₹26,858.00 Crores up from ₹20,588.00 Crore year on year, a rise of 30.45%.

Total Expenses for Q2FY24 of ₹27,079.00 Crores up from ₹22,665.00 Crores year on year, a rise of 19.47%.

Consolidated Net Profit of ₹1,990.00 Crores up 301.21% from ₹496.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.81, up 302.22% from ₹0.45 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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