PNB Q1 results: Profit jumps three-fold to Rs 5,253 crore in Q1 FY27, NIM sees 20 bps YoY reduction to 2.64%
18-Jul-2026
Punjab National Bank reported a threefold jump in its net profit to Rs 5,253 crore for the first quarter of the 2026-27 fiscal, driven by an increase in its net interest income. The PSU lender's total interest income arrived at Rs 37,231 crore, as compared to Rs 36,319 crore in the previous sequential quarter.
However, on a year-on-year basis, the total income fell marginally at 1 percent, from Rs 37,232 crore.
The country's third-largest PSU lender posted a domestic net interest margin of 2.64 percent for Q1 FY27, a 20-basis-point contraction from 2.84 percent posted in the previous corresponding quarter. When compared with Q4 FY 26, the NIM, however, rose by three bps from 2.61 percent.
News Source:- https://www.moneycontrol.com/news/business/banks/pnb-q1-results-profit-jumps-three-fold-to-rs-5253-crore-in-q1-fy27-nim-sees-20-bps-yoy-reduction-to-2-64-13977348.html
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