New Delhi: Punjab National Bank (PNB), one of India’s leading public sector banks, has reported its highest-ever operating profit of ₹7,081 crore for the first quarter of FY26. The financial results reflect strong momentum across core banking metrics and a solid year-on-year (YoY) growth in both business and profitability.
Robust Growth in Business and Advances
As per the un-audited Q1 FY26 results, PNB’s Global Business surged 11.6% YoY, reaching ₹27,19,276 crore as of June 2025, compared to ₹24,36,929 crore in June 2024.
Global Deposits climbed 12.9% YoY to ₹15,89,379 crore, up from ₹14,08,247 crore a year ago. Meanwhile, Global Advances rose 9.8% YoY, touching ₹11,29,898 crore as of June 2025, up from ₹10,28,682 crore.
Improving Asset Quality Indicators
PNB also reported notable improvements in its asset quality. The Gross Non-Performing Assets (GNPA) ratio declined by 120 basis points YoY to 3.78%, compared to 4.98% in June 2024. The Net NPA (NNPA) ratio fell to 0.38%, down 22 basis points from 0.60% last year.
The Provision Coverage Ratio (including technical write-offs) improved to 96.88%, up from 95.90%—a 98 bps enhancement over the previous year.
Profitability Metrics Strengthen
The Bank’s Profit Before Tax (PBT) for Q1 FY26 grew 28.3% YoY to ₹6,758 crore, compared to ₹5,269 crore in Q1 FY25. Net Interest Income (NII) also saw a modest rise, reaching ₹10,578 crore, up 1% YoY from ₹10,476 crore.
In stock market performance, PNB shares were trading higher by 0.38%, quoted at ₹109.70 on the Bombay Stock Exchange (BSE).
About Punjab National Bank
Established in 1894, Punjab National Bank is a premier public sector bank in India with a widespread domestic and international presence. Headquartered in New Delhi, PNB offers a wide range of banking and financial services to individuals, MSMEs, corporates, and government entities. The Bank is committed to enhancing financial inclusion, leveraging digital innovation, and maintaining a strong focus on credit discipline and asset quality improvement.
