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.
