PNB Q1 net up 11%

Punjab National Bank (PNB) has posted a 11% increase in net profit at Rs 358.16 crore for the quarter ended June 30, 2005 as against Rs 322.67 crore in Q1FY05.

According to a release issued to the BSE today, total income increased to Rs 2542.79 crore for the quarter ended June 30, 2005 from Rs 2494.57 crore in Q1FY05.