Punjab National Bank Shares Rise On Strong Q4 Show

State-owned Punjab National Bank's share price rose over 1% on Thursday after the lender posted a substantial rise in net profit for the final quarter of fiscal 2025.

Standalone net profit of the bank during the quarter ended March rose 52% to Rs 4,567 crore, compared to Rs 3,010 crore in the year-ago period.

The net interest income—the difference of interest earned and interest paid—for the quarter rose 4% to Rs 10,757 crore. This compares to Rs 10,363 crore reported in the corresponding quarter of the previous fiscal.

Operating profit rose 6% to Rs 6,776 crore, in comparison to Rs 6,416 crore in the same quarter last year. Provisions fell 77% to Rs 360 crore in comparison to Rs 1,588 crore reported in the same quarter the previous year.

• Net interest income rose 4% year-on-year to Rs 10,757 crore from Rs 10,363 crore.

• Gross NPA fell to 3.95% quarter-on-quarter from 4.09%.

• Net NPA remained flat quarter-on-quarter at 0.40% vs 0.41%.

• Net profit rose 52% year-on-year to Rs 4,567 crore from Rs 3,010 crore.

The scrip rose as much as 1.64% to Rs 95.80 apiece. It pared gains to trade 0.23% higher at Rs 94.47 apiece, as of 10:24 a.m. This compares to a 0.05% decline in the NSE Nifty 50.

It has fallen 7.97% on a year-to-date basis, and 24.25% in the last 12 months. Total traded volume so far in the day stood at 0.93 times its 30-day average. The relative strength index was at 52.

Out of 20 analysts tracking the company, 11 maintain a 'buy' rating, four recommend a 'hold' and five suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 21%.