{"id":139508,"date":"2023-01-30T12:02:56","date_gmt":"2023-01-30T17:02:56","guid":{"rendered":"https:\/\/44.250.171.167\/?p=139508"},"modified":"2023-01-30T12:02:57","modified_gmt":"2023-01-30T17:02:57","slug":"punjab-national-bank-limited-q3fy23-44-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/punjab-national-bank-limited-q3fy23-44-fall-in-profits\/","title":{"rendered":"Punjab National Bank Limited Q3FY23; 44% Fall in Profits"},"content":{"rendered":"\n

Punjab National Bank<\/a>\u2019s revenue in Q3FY23 rose 17% to \u20b9 25,722 crores. Consolidated Profit After Tax came at \u20b9 629 crores showcasing a 44% fall YoY over the corresponding period. In this quarter\u2019s\u00a0results<\/a>, the reports suggested that the decrease in profits are due to the significant increase in provisions other than tax that could be further broken down into NPAs and Depreciation etc.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Punjab National Bank\u2019s revenue in Q3FY23 rose 17% to \u20b9 25,722 crores. Consolidated Profit After Tax came at \u20b9 629 crores showcasing a 44% fall YoY over the corresponding period. In this quarter\u2019s\u00a0results, the reports suggested that the decrease in profits are due to the significant increase in provisions other than tax that could be […]<\/p>\n","protected":false},"author":1885,"featured_media":139509,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[151],"class_list":["post-139508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-PNB.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142677,"url":"https:\/\/alphastreet.com\/india\/punjab-national-bank-q3fy23-earnings-story\/","url_meta":{"origin":139508,"position":0},"title":"Punjab National Bank Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 23, 2023","format":false,"excerpt":"The first Swadeshi bank in India is Punjab National Bank. The Government of India owns PNB, a bank that offers banking and financial services, and it is based in New Delhi. After IOB, it is the third-largest PSU in India. 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Consolidated Profit After Tax came at \u20b9 256 crores in Q3FY23 showcasing a 69% fall on an YoY basis. 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Consolidated Profit After Tax came at \u20b9 334 crores showcasing a 11% fall on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the fall in profits are due to a 83% YoY rise in expenses.","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-IGL.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-IGL.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-IGL.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-IGL.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-IGL.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140438,"url":"https:\/\/alphastreet.com\/india\/motherson-sumi-wiring-q3fy23-20-fall-in-profits\/","url_meta":{"origin":139508,"position":5},"title":"Motherson Sumi Wiring Q3FY23; 20% Fall in Profits","author":"Karan_Singh","date":"February 7, 2023","format":false,"excerpt":"Motherson Sumi Wiring India Ltd\u2018s revenue in Q3FY23 rose 16% to \u20b9 1,687 crores. 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