$PNB Q1 Results: Net Profit Surges Over 3x to ₹5,253 Crore in Q1 FY27; NIM Slips 20 bps YoY to 2.64%
Synopsis: $PNB (PNB) reported a more than threefold jump in net profit to ₹5,253 crore for the June quarter (Q1 FY27), supported by healthy growth in net interest income. The PSU lender's total interest income stood at ₹37,231 crore, up from ₹36,319 crore in the March quarter, though it was marginally lower than ₹37,232 crore reported a year earlier. The bank's domestic net interest margin (NIM) eased 20 basis points year-on-year to 2.64% from 2.84%, but improved 3 basis points sequentially from 2.61% in Q4 FY26. PNB also reported a notable improvement in asset quality during the quarter, with its gross non-performing asset (GNPA) ratio declining further, reflecting continued strengthening of its loan book. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,