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Punjab & Sind Bank reported 30% rise in net profit for FY26 to ₹1,322 cr

GenevaTimes by GenevaTimes
April 27, 2026
in Business
Reading Time: 1 min read
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Punjab & Sind Bank reported 30% rise in net profit for FY26 to ₹1,322 cr
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With improvement in asset quality, Punjab & Sind Bank on Monday reported net profit rising by over 30 per cent to ₹1322 crore in Fiscal Year 2025-26. Bank board has recommended final dividend of 3.90 per cent or 39 paise per equity share of ₹10 each for FY 26.

Share price of the bank closed at ₹25.65, higher by 3.3 per cent on BSE.

For quarter ending March 31, the net profit was ₹422 crore, showing a growth of 25 per cent. However, net interest income (NII) declined 13 per cent to ₹974.8 crore compared with ₹1,122 crore in the year-ago period.

Gross Non Performing Assets (NPA), as a percentage of advances and on year-on-year bases, declined by 98 bps to 2.4 per cent from 3.38 per cent. Similarly net NPA reduced by 17 bps to 0.79 per cent from 0.96 per cent

Earlier this month, the bank had reported steady growth in its business update. Total deposits increased 12.37 per cent year-on-year to ₹1.46 lakh crore, while gross advances grew at a faster pace of 18.39 per cent to ₹1.18 lakh crore.

Published on April 27, 2026

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