PNB Housing Finance registers 57 per cent surge in net profit at Rs 444cr for Jan-March quarter

29 Apr, 2024 20:10 IST|Sakshi Post

New Delhi, April 29 (IANS) PNB Housing Finance on Monday reported a 57 per cent rise in net profit to Rs 444 crore for the January-March quarter of 2023-24, on the back of a higher net interest income and a decline in its non-performing assets.The Punjab National Bank subsidiary registered a net profit of Rs 439 crore in the same quarter of 2022-23.Interest income of the company in the reporting quarter stood at Rs 1,683.69 crore, as compared to Rs 1,580.59 crore in a year ago period driven by the buoyant demand for home loans as the real estate sector picked up…
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Source: https://m.sakshipost.com/news/pnb-housing-finance-registers-57-cent-surge-net-profit-rs-444cr-jan-march-quarter-293943