PNB Housing Finance Reports 23% Profit Surge in Q1 2025
PNB Housing Finance announced a 23% increase in net profit, reaching Rs 534 crore for Q1 2025. Total income rose to Rs 2,082 crore, while net interest income increased by 17% to Rs 760 crore. The company's gross NPAs declined, and its capital adequacy ratio remained strong.
- Country:
- India
PNB Housing Finance has revealed a significant 23% rise in net profit, reporting Rs 534 crore for the fiscal's first quarter ending June 2025, compared to Rs 433 crore in the corresponding period last year.
The company's total income for the quarter experienced an increase, climbing to Rs 2,082 crore from Rs 1,832 crore in the previous year, underscoring a robust financial performance.
The housing finance firm's interest income growth was marked at Rs 1,980 crore, with a subsequent 17% rise in net interest income, and a notable improvement in their gross Non-Performing Assets and capital adequacy ratio.
(With inputs from agencies.)
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