PNB's Q2 FY27 Net Profit Climbs 12.8% To ₹5,532 Crore, GNPA Ratio Improves
Mumbai: Punjab National Bank on 16 October 2026 announced its unaudited financial results for the quarter and half-year ended 30 September 2026, reporting a rise in net profit and improvements in asset quality . Financial Performance The bank's global business grew 11.9 per cent year-on-year to ₹31,18,434 crore as on 30 September 2026. Global deposits increased 9.9 per cent to ₹17,77,240 crore,…
Punjab National Bank announced its unaudited Q2 FY27 financial results on October 16, 2026, showing a 12.8% increase in net profit to ₹5,532 crore. The bank's global business expanded by 11.9% year-on-year to ₹31,18,434 crore, with global deposits up 9.9% to ₹17,77,240 crore and global advances growing 14.7% to ₹13,41,194 crore.
The gross non-performing assets (GNPA) ratio improved by 90 basis points to 2.55%, and the net non-performing assets (NNPA) ratio rose by 11 basis points to 0.25%. Operating profit for the quarter grew 4.2% to ₹7,532 crore, while net interest income increased 10.8% to ₹11,601 crore. Fee-based income saw a 16% rise to ₹1,954 crore.
Business per employee improved to ₹30.66 crore, and net profit per employee reached ₹22.51 lakh in Q2 FY27. The bank also partnered with the Indian Army to offer PNB LUXURA and PNB Parakram credit cards to military personnel. Digital transactions grew by 31% year-on-year, reaching 408 crore in Q2 FY27, accounting for about 95.7% of total transactions.
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