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PNB Q1 results preview: Here's what leading brokerages expect

Most analysts expect the bank to report loss in the recently-concluded quarter coupled with a fall in the net interest income (NII).

Punjab National bank, PNB
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Nikita Vashisht New Delhi
Punjab National Bank (PNB) is scheduled to report its April-June quarter numbers for the fiscal year 2019-20 (Q1FY20) today amid expectations of a subdued performance. Most analysts expect the bank to report loss in the recently-concluded quarter coupled with a fall in the net interest income (NII). Asset quality, however, is likely to see an improvement, they say.

The bank reported a loss of Rs 940 crore in the same quarter of the previous fiscal (Q1FY19) and that of Rs 4,749.6 crore in the quarter ended March, 2019 (Q4FY19). The NII stood at Rs 4,691.9 crore in Q1FY19 and at Rs