FilingReader Intelligence
Punjab & Sind Bank profit jumps 48% in Q1
July 19, 2025 at 01:29 PM UTC•By FilingReader AI
Punjab & Sind Bank reported a 48% year-on-year rise in net profit to Rs. 269 crore for the quarter ended June 30, 2025. Operating profit surged 70% to Rs. 540 crore.
Total business grew 11% to Rs. 231,132 crore, with advances up 14% to Rs. 99,950 crore and deposits rising 9% to Rs. 131,182 crore.
Asset quality improved significantly, with gross NPAs falling 138 basis points to 3.34% and net NPAs dropping 68 basis points to 0.91%. Retail advances grew 29% to Rs. 22,573 crore.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:PSB•Bombay Stock Exchange
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