PNB Q3 Net Profit Jumps 11.6% to Rs 5,189.8 Crore; Shares Decline

• Punjab National Bank (PNB) reported an 11.6% YoY rise in consolidated net profit to Rs 5,189.79 crore for Q3 FY25.
• Operating profit before provisions and contingencies increased by 13.8% to Rs 7,570.32 crore.
• Total income rose to Rs 37,253 crore, with interest income reaching Rs 32,231 crore.
• Gross non-performing assets (NPA) ratio improved to 3.19% from 4.09% YoY, and net NPAs decreased to 0.32%.
• Despite strong results, PNB shares declined 3.8% to Rs 127 apiece on the NSE.

Why It Matters: PNB's Q3 net profit and operating profit grew significantly, alongside improved asset quality, despite a share dip.