NEW DELHI: PNB Housing Finance on Monday reported a 57 per cent jump in its net profit to Rs 444 crore in the fourth quarter ended March 2024. The housing finance company had posted a net profit of Rs 283 crore in the same quarter a year earlier. Total income during the quarter rose to Rs 1,806 crore from Rs 1,628 crore in the same quarter of the previous fiscal, PNB Housing Finance said in a regulatory filing. The lender’s interest income in Q4FY24 was higher at Rs 1,684 crore, as against Rs 1,581 crore in the same period a year ago. Net interest income grew 7 per cent to Rs 632 crore at the end of the fourth quarter ended March 2024.However, the net interest margin declined to 3.65 per…
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PNB Housing Finance Q4 profit rises 57 pc to Rs 444 crore
