Punjab & Sind Bank reports Q1 FY27 results, seeing Net Profit rise 23.05% and NPA levels decrease
Punjab & Sind Bank announced its reviewed Unaudited Financial Results for the Quarter ended June 30, 2026, showing significant improvements across profitability and asset quality indicators. The bank reported a rise in Net Profit on a Year-on-Year basis, alongside notable reductions in Non-Performing Assets (NPA).The bank's profitability metrics showed substantial growth. Net Profit grew by 23.05%, increasing from ₹269 Cr. to ₹331 Cr. Furthermore, Net Interest Income saw a rise of 15.33%, climbing from ₹900 Cr. to ₹1038 Cr.Efficiency ratios also improved during the quarter. The bank's Return on Equity (ROE) increased by 118 bps...