 "PNB Q3 net profit at Rs 246.5 crore; stock rallies 4%")
Punjab National Bank (PNB) on Tuesday reported a 7.12 per cent year-on-year (y-o-y) rise in its net profit at Rs 246.51 crore for December quarter of financial year 2018-18 (FY19). It had posted a profit of Rs 230.11 crore in corresponding period last fiscal.
Gross NPAs (non-performing assets) during the recently concluded quarter came in at 16.33 per cent, as against 12.11 per cent y-o-y. However, on a sequential basis, the figures were down. In the September quarter, gross NPAs stood at 17.16 per cent.
The net NPA in Q3FY19 stood at 8.22 per cent. Basic and dilued EPS
The net NPA in Q3FY19 stood at 8.22 per cent. Basic and dilued EPS
