Punjab National Bank Q1 FY27 Results: PAT Surges 214% YoY, Asset Quality Improves
Punjab National Bank reported a sharp rise in Q1 FY27 profit, supported by higher net interest income and better asset quality, while NIM remained below last year's level.
Punjab National Bank Q1 Results 2027: Punjab National Bank reported a strong Q1 FY27 performance, with PAT surging 214% YoY to ₹5,253 crore and NII rising 2% YoY to ₹10,798 crore. Asset quality improved significantly, while operating profit increased 6%. However, the CASA ratio remained broadly stable and NIM was largely unchanged.
PNB Q1 Results FY2027: On 17 July, Punjab National Bank (PNB) reported a strong performance for the first quarter of FY27. Net Interest Income (NII) increased 2.08% year-on-year to ₹10,798.36 crore, while Profit After Tax (PAT) surged 213.63% YoY to ₹5,253.29 crore.
The bank also saw improvement in asset quality, as both Gross and Net NPA declining during the quarter. Here's a detailed breakdown of Punjab National Bank's Q1 FY27 results.
Punjab National Bank Q1 FY2027 Results Highlights (Standalone)
-
Total Income stood at ₹37,230.73 crore in Q1 FY27, remaining largely flat on a yearly basis. Sequentially, total income increased 2.51% from ₹36,318.70 crore in Q4 FY26.
-
Net Interest Income (NII) increased to ₹10,798.36 crore, registering 2.08% YoY growth from ₹10,578.09 crore. Compared with ₹10,380.30 crore in Q4 FY26, NII grew 4.03% QoQ.
-
Pre-Provision Operating Profit (PPOP) stood at ₹7,519.20 crore, registering 6.18% YoY growth from ₹7,081.35 crore. Sequentially, PPOP increased 0.25% from ₹7,500.35 crore.
-
Operating Profit Margin improved to 20.20%, compared with 19.02% in Q1 FY26, reflecting an expansion of 118 basis points YoY. Sequentially, the margin declined 45 basis points from 20.65% in Q4 FY26.
-
Profit After Tax (PAT) stood at ₹5,253.29 crore, surging 213.63% YoY from ₹1,675.00 crore. Compared with ₹5,225.11 crore in Q4 FY26, PAT increased 0.54% QoQ.
-
Net Interest Margin (NIM) improved to 2.50%, compared with 2.47% in Q4 FY26. However, it remained below 2.70% reported in Q1 FY26.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Total Income (₹ Cr) |
37,230.73 |
36,318.70 |
2.51% |
37,231.76 |
0.00% |
|
Net Interest Income (₹ Cr) |
10,798.36 |
10,380.30 |
4.03% |
10,578.09 |
2.08% |
|
Operating Profit (PPOP) (₹ Cr) |
7,519.20 |
7,500.35 |
0.25% |
7,081.35 |
6.18% |
|
Operating Profit Margin |
20.20% |
20.65% |
-45 bps |
19.02% |
+118 bps |
|
Profit After Tax (₹ Cr) |
5,253.29 |
5,225.11 |
0.54% |
1,675.00 |
213.63% |
|
Gross NPA (%) |
2.78% |
2.95% |
-17 bps |
3.78% |
-100 bps |
|
Net NPA (%) |
0.28% |
0.29% |
-1 bp |
0.38% |
-10 bps |
|
CASA Ratio (%) |
36.70% |
37.00% |
-30 bps |
37.00% |
-30 bps |
|
ROA (%) |
1.04% |
1.06% |
-2 bps |
0.37% |
+67 bps |
|
ROE (%) |
17.33% |
18.00% |
-67 bps |
6.59% |
+1,074 bps |
|
NIM (%) |
2.50% |
2.47% |
+3 bps |
2.70% |
-20 bps |
|
EPS (₹) |
4.57 |
4.55 |
0.44% |
1.46 |
213.01% |
Source: Punjab National Bank Q1 FY27 Investor Presentation and Consolidated Financial Results.
Punjab National Bank Q1 FY27 Segment-wise Revenue (Standalone)
Corporate/Wholesale Banking remained the largest contributor to the bank's revenue during the quarter. Retail Banking posted strong double-digit sequential growth, while Treasury Operations recorded moderate growth.
Other Banking Operations also witnessed healthy expansion on both sequential and annual bases.
|
Particulars (₹ Cr) |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Corporate/Wholesale Banking |
14,347.15 |
15,234.12 |
-5.81% |
14,165.60 |
1.28% |
|
Retail Banking |
11,605.45 |
10,414.36 |
11.44% |
11,108.15 |
4.48% |
|
Treasury Operations |
10,498.59 |
10,118.68 |
3.75% |
11,288.08 |
-7.00% |
|
Other Banking Operations |
779.54 |
551.54 |
41.34% |
669.93 |
16.36% |
|
Gross Segment Revenue |
37,230.73 |
36,318.70 |
2.51% |
37,231.76 |
0.00% |
|
Less: Inter-segment Revenue |
1,187.58 |
1,192.11 |
-0.38% |
1,723.02 |
-31.08% |
|
Total Income |
36,043.15 |
35,126.59 |
2.61% |
35,508.74 |
1.50% |
Source: Punjab National Bank Q1 FY27 Segment Information
Punjab National Bank Share Price Today
As of 17 July, 3.30PM
PNB stock price closed at 105.77, 0.52% higher on 17 July 2026.The stock is still down 14.47% year-to-date and 6.84% over the last year.