Punjab National Bank has submitted to the Exchange, the financial results for the period ended March 31, 2026.
PNB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Punjab National Bank has reported standalone net profit of Rs. 40,563 lakh (approximately Rs. 405.63 crore) for FY 2025-26, compared to Rs. 18,266.20 lakh in the previous year, representing strong growth. Total income for the year stood at Rs. 36,87,802 lakh. The Board has recommended a dividend of Rs. 3 per equity share (150%) for FY 2025-26. Asset quality improved with Gross NPA reducing from 4.55% to 3.95% and Net NPA from 0.40% to 0.32%. The Provisioning Coverage Ratio improved to 97.14% from 96.82%. The auditors have given an unmodified opinion on the financial statements. During the year, the bank opted for lower tax regime under Section 115BAA resulting in a one-time deferred tax charge of Rs. 3,324.24 crore.
The bank has delivered robust profit growth with significant improvement in asset quality indicators. The clean audit report and dividend recommendation are positive signals for shareholders. However, the one-time tax charge of Rs. 3,324.24 crore impacted overall profitability.