Punjab and Sind Bank on Friday said its net profit for the July-September period fell 20.8 per cent to Rs 117.07 crore against Rs 147.76 crore a year ago.
Total income grew 10.2 per cent to Rs 1,886 crore from Rs 1,711.27 crore over the corresponding period a year earlier, PSB said in a filing to the BSE. However, its income from other sources fell to Rs 87.34 crore from Rs 104.74 crore.
“Net NPA stood at Rs 774.49 crore as on September 30 against Rs 297.46 crore as on September 30, 2011. The net NPA ratio is 1.58 per cent compared with 0.71 per cent a year ago,” it said.
Its total business stood at Rs 1.15 lakh crore as on September 30 against Rs 1.03 lakh crore as on September 30, 2011.
PSB scrips settled at Rs 66.20 apiece on the BSE on Friday, down 3.98 per cent from the previous close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app