Punjab & Sind Bank Q3: Profit Up 19% on Cleaner Book + Lower Provisions

reported Q3 FY26 net profit of ₹336 crore, up 19% YoY from ₹282 crore, driven by improved asset quality and reduced provisioning to ₹47 crore (down from ₹96 crore YoY). ​ Total income rose to ₹3,529 crore (up from ₹3,269 crore YoY) and interest income increased to ₹3,042 crore from ₹2,931 crore. Asset Quality Strength Gross NPAs fell to 2.6% from 3.8% YoY, while net NPAs declined to 0.7% from 1.3%; provision coverage ratio improved to 92.2% from 89.5%. ​ Source: Economic Times​ No Recommendation