- PNB Housing Finance shares rose 10% to Rs 997.4 after Q4 earnings announcement
- Net profit surged 19% to Rs 656 crore in Q4 of fiscal year ending March 2026
- Total income increased 6.6% to Rs 2,172 crore compared to last fiscal year quarter
PNB Housing Finance Ltd. shares are buzzing in trade after the company reported its fourth quarter earnings for the financial year ending March 2026 on Monday. The stock is trading at Rs 997.4, accounting for gains of 10% compared to Monday's closing price of Rs 906.75.
This comes on the back of strong fourth quarter numbers, with the housing finance company reporting a 19% surge in net profit, which stood at Rs 656 crore.
The total income of the company also rose 6.6% to Rs 2,172 crore, compared to Rs 2,037 crore in the corresponding quarter of last fiscal. In addition, PNB Housing Finance has also declared a final dividend of Rs 8 per equity share with face value of Rs 10 for the year ended March 31, 2026.
Net non-performing assets (NNPA) stood at 0.57% while Gross non-performing assets were at 0.93%
Currently trading with a relative strength index of 61, which suggests neutral market sentiment, shares of PNB Housing Finance have given relatively timid return to investors in the recent past, surging only 4% in the last 12 months while remaining flat on a year-to-date basis.
ALSO READ: PNB Housing Finance Q4 Results: Net Profit Jumps Over 19%, Dividend Declared
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