Punjab National Bank posts record operating profit of ₹7,081cr

Punjab National Bank achieved record operating profit of ₹7,081 crore in Q1 FY26, with profit before tax rising 28.3% year-on-year to ₹6,758 crore.

Global business grew 11.6% to ₹27,19,276 crore, with deposits up 12.9% to ₹15,89,379 crore and advances rising 9.8% to ₹11,29,898 crore.

Asset quality improved substantially, with gross NPA ratio declining 120 basis points to 3.78% and net NPA ratio falling 22 basis points to 0.38%. Provision coverage ratio reached 96.88%.